posted on Mar, 19 2017 @ 03:48 PM
originally posted by: seasonal
a reply to: IAMNOTYOU
And 1/2 the debt was gained in the last 8 years. Clinton and Bush really slapped the American (and world) with a huge problem. Is spending $$$$ like
this the answer?
Yes, that is just crazy! But it will never stop before people realize that money is just paper! and have no real value...
But how to fix this? I dont know, but inflation is a big problem, money should be worth something real, like a piece of gold..
What iam really wondering, is this, WHO owns all that debt? I know people are gonna say china etc. but the fact is, that there is almost no countries
that doesnt owe money, only one i can think of, is North Korea...
List of countries by external debt - wiki
I thought Norway was debtfree aswell, but they are on that list
All that money the world own too somebody (banks) could really be used to do something usefull for the world - offcourse, its only numbers on a
screen, and not real at all - The workforce, the resources, the knowledge etc is all very real, just cant put it into work, because we dont have the
right numbers on our screens... Its a broken system, and it needs to be fixed..