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2018/2019 Bear Market
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<blockquote data-quote="Thomas More" data-source="post: 1231236" data-attributes="member: 8402"><p><a href="https://www.google.com/search?q=total+global+debt&oq=total+global+debt&aqs=chrome..69i57.7041j0j7&client=ms-android-verizon&sourceid=chrome-mobile&ie=UTF-8" target="_blank">https://www.google.com/search?q=total+global+debt&oq=total+global+debt&aqs=chrome..69i57.7041j0j7&client=ms-android-verizon&sourceid=chrome-mobile&ie=UTF-8</a></p><p></p><p>This link show current global debt is $233 trillion. Interestingly, if you search for total global wealth, it is roughly the same. Total global wealth = total global debt, by definition of the way the fiat banking system operates. </p><p></p><p>Alternate monetary systems are possible, but I think they have their pros and cons just as the fiat system has its pros and cons.</p><p></p><p>The biggest con with the fiat system seems to be that the super rich banksters at the center of the system pull too many of society's strings, and they do not have the well being of the masses as their primary interest.</p><p></p><p>Human societies produce the best quality of life for their peoples when traditional families and values are upheld, with a strong cultural identity and spiritual values. The modern banksters think it is more profitable to destroy all that. Hopefully the banksters will all be killed someday and a better system will be established. I'm not holding my breath though.</p></blockquote><p></p>
[QUOTE="Thomas More, post: 1231236, member: 8402"] [url]https://www.google.com/search?q=total+global+debt&oq=total+global+debt&aqs=chrome..69i57.7041j0j7&client=ms-android-verizon&sourceid=chrome-mobile&ie=UTF-8[/url] This link show current global debt is $233 trillion. Interestingly, if you search for total global wealth, it is roughly the same. Total global wealth = total global debt, by definition of the way the fiat banking system operates. Alternate monetary systems are possible, but I think they have their pros and cons just as the fiat system has its pros and cons. The biggest con with the fiat system seems to be that the super rich banksters at the center of the system pull too many of society's strings, and they do not have the well being of the masses as their primary interest. Human societies produce the best quality of life for their peoples when traditional families and values are upheld, with a strong cultural identity and spiritual values. The modern banksters think it is more profitable to destroy all that. Hopefully the banksters will all be killed someday and a better system will be established. I'm not holding my breath though. [/QUOTE]
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