A couple of things I noticed:
Nobody has read the book “The creature from Jekyll Island” which goes over all of this and explains how the monetary system of the world was created, how it works, and how most loans to countries go into default but the same country that defaults gets a brand new loan; and the other thing:
Who listens to cnn?
This is a really good book that explains how the United States financial system was created, how it’s been operating for decades and how we influence the world monetary system.
We don’t have to look globally for debt issues. Individual debt in this country has reached over $1T and is not letting up. Look how many people in the states default on their bank card debt but can turnaround and get a home loan or another credit card.
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