Comments on: The Bankruptcy Of The Planet Accelerates: 24 Nations Are Currently Facing A Debt Crisis

By: effectiveinnovation

effectiveinnovation — Sun, 16 Aug 2015 09:52:14 +0000

Reblogged this on Effective Innovation and commented:
Interested to see what can be done with innovation in finance at a microeconomic level.

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By: Bob

Bob — Thu, 13 Aug 2015 23:50:48 +0000

No surprise… One world order…one world monetary… Its biblical… But that’s too simple of an answer for the masses.

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By: daveyone1

daveyone1 — Sun, 09 Aug 2015 23:11:25 +0000

Reblogged this on World4Justice : NOW! Lobby Forum..

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By: Eyes on Europe and The Middle East

Eyes on Europe and The Middle East — Sun, 09 Aug 2015 11:28:49 +0000

Reblogged this on Eyes on Europe & Middle East News.

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By: Vicky

Vicky — Thu, 30 Jul 2015 01:27:58 +0000

This “doomsday’ scenario has been predicted by many people, some of them serious economists. As far back in 2005 an analyst in Goldman Sachs predicted the bond ratings of top five key economies to drop from triple A to junk in matter of 3 decades and we see his prediction playing as first US and the UK saw their bonds drop a notch down. The question here is what is so wrong in deficit financing when everyone is doing the same? I mean one is economically weaker only when the neighbour is relatively rich. Here we all are sitting on this massive pile of horse manure we call the greenback. Since everyone is sitting on ones own pile its basically a bid fat, FLAT table and such tables do not collapse. It is only such smaller countries whose currencies have no value and cant just pay the loan out by printing more are the ones that are going to collapse economically – on and off. I mean this economy of ours, the global economy grows about 3 % p.a and is growing like this since modern times for some 200 years.That means it is doubling in every 24 years and in every 100 years it grows 20 times! I dont think this will change. I discussed this deeply in my book “Out of Aces? Fifty Steps to FINANCIAL ACUITY.”

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By: gihann

gihann — Tue, 28 Jul 2015 01:47:02 +0000

Admitted that most Nations listed above cant pay back the debt, It doesn’t make sense to continue is to grow the debt and make it worse. To Delay is to make it harder.

Basics of Banking when bankrupt you sell the remaining assets and shut id down the operation that got into difficulty. To continue is supporting those that made it go wrong.

Banks That are involved new the risks they were taking, depositors are protected to a certain extent or should be, The management should not continue, Directors have failed in there obligation, Share holders made a bad investment. And what happened to the regulators? Accountability?

Should those who created this mess continue

A Bail out means giving money for doing it wrong. Sorry to me thats not right. If the Euro needs a Hair Cut then it needs to be done, The system will survive. simply capitalize new banks and buy out the assets of the defunct at fair value.

True we will go into systemic chaos but it will come out stronger and better. Better that then to be held Hostage to debt slavery.

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By: yk

yk — Mon, 27 Jul 2015 19:47:30 +0000

we gave each other loans from borrowed fund based on expectations of their financial growth.. and sometimes lent more than what is feasibly expectable growth.

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By: Hemant Panchpor

Hemant Panchpor — Mon, 27 Jul 2015 02:00:24 +0000

What do you do at microeconomic level at households? One try to live within the means. However, at international level, one can declare bankruptcy and write off debts. After all, it’s just a number! Barter system will start all over again.

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By: Kowshik Devarajan

Kowshik Devarajan — Thu, 23 Jul 2015 12:33:47 +0000

If everybody had borrowed who lent the money?

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