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Global Public Debt $40 Trillion US: What does this mean?
$40 trillion are few digital numbers added up in few computers. They don't exist as printed money. It came out of nowhere. Current monetary system is designed to rob people of their money and property by printing money out of thin air. Banks printed this money, and we supposedly own it to them. We will never be able to repay it, as there is no so much money in circulation, so they will try to (re)possess our properties. People will pen stroke this dept one day, and there won't be economic ruin.[1] What does $40 trillion look like? To whom is it owed?Where did it come from? Is this an excessive amount of money to be owed? Who do we return it to? Will this debt lead to a financial crisis? Does it make sense that owed money alone can cause economic ruin? Can we have a stable economy without creating debt? Can we stop "borrowing" good times?
Borrowing becomes obsolete when the need for it is illiminated. Should we not be looking at doing this?Global Public Debt $40 Trillion US: What does this mean?
