Global debt hits all-time high of $184,000,000,000,000

The_Choice

The_Choice

Senator (1k+ posts)
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The world’s debt currently exceeds $86,000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top three global borrowers, accounting for more than half of the global debt.

The IMF has calculated that their share of debt exceeds that of output. It stated that the emergence of China among the top ranking is, however, a relatively new development. Since the beginning of the millennium, China’s share in global debt surged from less than three percent to over 15 percent, underscoring the rapid credit surge in the aftermath of the global financial crisis.

https://twitter.com/x/status/1073359440655605762
According to the IMF, global debt has reached a record high of $184 trillion in nominal terms. That’s the equivalent of 225 percent of the world GDP in 2017. The debt figure is $2 trillion higher than the estimated number released by the fund in October, because it includes the debts of several countries who had not previously reported their updated data.

https://www.dawn.com/news/1451686
 
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Abid_J

Senator (1k+ posts)
As a layman thinking, this 86,000 per person does not seem right.

The countries who borrows money, make assets, buildings, plants, roads, hospitals, subways, air ports etc. The value of these assets should also be divided to worlds population and then see how much is rest.
 
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insouciant

Minister (2k+ posts)
:tensionfemale::tensionfemale:

kakamuna420 Humi wakeuppakis atensari The_Choice

Guys, don't blindly follow the blind. If debt is a certain value, it means the value of corresponding assets is at least the same too. In other words, it means the overall wealth of the world has increased, which is a good thing. I wish the Mullah heeds to the hadith about spreading misinformation! If you don't know how the global economy and currency supply work then better not make catchy headlines from half-truths! :cautious::cautious:

And over the last 100 years, wealth and health has on an average drastically improved across all measures. e.g. Just a hundred years ago average life expectancy globally was ~35 years now it's ~60yrs. For the first time in history, globally more people die of overeating than undereating etc. But talk to any mullah, he'll cherry pick extreme samples to prove qayamat is near and only way for our salvation is through giving him our hard earned $$$'s. :angryred:
 
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Anuuge67

Chief Minister (5k+ posts)
Who's is responsible for creating this system? Survey SAYS?

Anyone guesses the right TRIBE, will receive a free TRIP to JATI Mujrah and spend a night with Mrs Qatri..
 
K

kakamana

Minister (2k+ posts)
The end of petro-dollar will definitely collapse current debt system. Already Russia-China are not dealing with each other in dollars. Pakistan too start dealing with China in chinese currency.
 
The_Choice

The_Choice

Senator (1k+ posts)
Abid_J said:
As a layman thinking, this 86,000 per person does not seem right.

The countries who borrows money, make assets, buildings, plants, roads, hospitals, subways, air ports etc. The value of these assets should also be divided to worlds population and then see how much is rest.
Click to expand...
 
The_Choice

The_Choice

Senator (1k+ posts)
insouciant said:
:tensionfemale::tensionfemale:

kakamuna420 Humi wakeuppakis atensari The_Choice

Guys, don't blindly follow the blind. If debt is a certain value, it means the value of corresponding assets is at least the same too. In other words, it means the overall wealth of the world has increased, which is a good thing. I wish the Mullah heeds to the hadith about spreading misinformation! If you don't know how the global economy and currency supply work then better not make catchy headlines from half-truths! :cautious::cautious:

And over the last 100 years, wealth and health has on an average drastically improved across all measures. e.g. Just a hundred years ago average life expectancy globally was ~35 years now it's ~60yrs. For the first time in history, globally more people die of overeating than undereating etc. But talk to any mullah, he'll cherry pick extreme samples to prove qayamat is near and only way for our salvation is through giving him our hard earned $$$'s. :angryred:
Click to expand...
 
The_Choice

The_Choice

Senator (1k+ posts)

"25 Years in the corporate world (now retired) already was cognizant of most material, I must say this movies is Simply Stunning. This is the best (real) reporting I have seen emanating from Canada in the last 20 years.."

JourneyEarth
 
I

insouciant

Minister (2k+ posts)
A

Anuuge67

Chief Minister (5k+ posts)
The tribe who was responsible for defeating Khilafat a Osmania in Turkey 1914.. The Lord Curzon Of UK a known ZIONIST Satanist migrated to US..

Created this luciferian SYSTEM of Dajjall.

A great American congressman figured out the treasonous act AGAINST America by the Jewish tribalist.

Little history for Pakistan.. Read and educate yourself..

The Federal Reserve-A Corrupt Institution​
"Mr. Chairman, we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation's debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.​
"This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.​
"Some people who think that the Federal Reserve Banks United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.​
"These twelve private credit monopolies were deceitfully and disloyally foisted upon this Country by the bankers who came here from Europe and repaid us our hospitality by undermining our American institutions. Those bankers took money out of this Country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along. They instigated the separate peace between Germany and Russia, and thus drove a wedge between the allies in World War. They financed Trotsky's passage from New York to Russia so that he might assist in the destruction of the Russian Empire. They fomented and instigated the Russian Revolution, and placed a large fund of American dollars at Trotsky's disposal in one of their branch banks in Sweden so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors. They have since begun breaking up of American homes and the dispersal of American children. "Mr. Chairman, there should be no partisanship in matters concerning banking and currency affairs in this Country, and I do not speak with any.​
"In 1912 the National Monetary Association, under the chairmanship of the late Senator Nelson W. Aldrich, made a report and presented a vicious bill called the National Reserve Association bill. This bill is usually spoken of as the Aldrich bill. Senator Aldrich did not write the Aldrich bill. He was the tool, if not the accomplice, of the European bankers who for nearly twenty years had been scheming to set up a central bank in this Country and who in 1912 has spent and were continuing to spend vast sums of money to accomplish their purpose.​
"We were opposed to the Aldrich plan for a central bank. The men who rule the Democratic Party then promised the people that if they were returned to power there would be no central bank established here while they held the reigns of government. Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free Country the worm-eaten monarchical institution of the "King's Bank" to control us from the top downward, and from the cradle to the grave.​
"The Federal Reserve Bank destroyed our old and characteristic way of doing business. It discriminated against our 1-name commercial paper, the finest in the world, and it set up the antiquated 2-name paper, which is the present curse of this Country and which wrecked every country which has ever given it scope; it fastened down upon the Country the very tyranny from which the framers of the Constitution sough to save us.​
 
The_Choice

The_Choice

Senator (1k+ posts)
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