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World debt-who’s the recipient?

Posted on 2/3/24 at 9:09 pm
Posted by Out da box
Member since Feb 2018
402 posts
Posted on 2/3/24 at 9:09 pm
Just reading article of chinas debt. It’s worse than US. Does everyone realize debt is really an IOU and private central banks are the recipient? We’ve been in a giant monopoly game where the owners of this private entity will own it all eventually if we don't get off their rain?
Posted by Westbank111
Armpit of America
Member since Sep 2013
1988 posts
Posted on 2/3/24 at 9:29 pm to
.WEF / DAVOS members control it all
Posted by Penrod
Member since Jan 2011
39650 posts
Posted on 2/3/24 at 10:19 pm to
Me. I own lots of Treasury Bills.Probably $800,000 or more.

I would not own China debt. And I would not go long term on US debt.
This post was edited on 2/3/24 at 10:25 pm
Posted by FtheNWO
Member since Nov 2021
223 posts
Posted on 2/3/24 at 10:32 pm to
The BIS satanists coordinate all the central banks in the world. They create money out of thin air in each of these countries, give it to themselves, then use it to finance debt in other countries. The ~350 trillion in world debt was all stolen through inflation.
Posted by pecxs
Pasadena, CA
Member since Dec 2003
516 posts
Posted on 2/3/24 at 11:05 pm to
I don‘t think the data is reilable regarding to China. If you believe the IMF data is correct, China debt is not worse than US, Japan, UK, France, and many other industrial contries.

LINK
Posted by Tandemjay
Member since Jun 2022
2449 posts
Posted on 2/4/24 at 1:29 am to
It's going to be alright if we keep voting GOPe, right?
Right?
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 2/4/24 at 7:40 am to
If you want a really in depth look at what’s going on on a global scale and what’s likely to happen then read
“The End of the World is just the beginning” by Peter Zihan who is an economist.

China has hyper financed construction projects to try and “fake it till you make it.” However they’re likely to completely collapse in the next decade. Their population will be cut in half by the year 2050.

This will all have a very big impact on a global scale as well bc manufacturing will have to start shifting now to prepare for it.
Posted by billjamin
Houston
Member since Jun 2019
12636 posts
Posted on 2/4/24 at 12:36 pm to
quote:

owners of this private entity

If you have a 401k, pension or savings account then you’re one of the “owners”. There’s no bogey man. Just finance bros doing finance bro things.
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