Global debt hits an all-time high of $188 TRILLION – more than DOUBLE the world's economic output – the IMF warns

Source: https://www.dailymail.co.uk/news/article-7661737/Global-debt-hits-time-high-188-TRILLION-DOUBLE-worlds-economic-output-IMF-warn.html
Published: Nov 7, 2019
Author: staff
Post Date: 2019-11-07 15:18:38 by Horse
Views: 543

Global debt has hit an all-time high of $188 trillion, which is more than double the output of the global economy, the IMF warned today.

The global debt load has surged to a new record of around 230 per cent of world's output, IMF chief Kristalina Georgieva said.

While private sector borrowing accounts for the vast majority of the total, the rise puts governments and individuals at risk if the economy slows, she said.

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#1: noone222    To: Horse (#0)

While private sector borrowing accounts for the vast majority of the total, the rise puts governments and individuals at risk if the economy slows, she said.

hahahahahahahahaha Should read: While private sector borrowing accounts for the vast majority of the total, the rise puts CROOKED BANKS at risk if the SUCKERS refuse to pay !

noone222 posted on 2019-11-08 07:23:02   Reply   Private Reply


#2: BTP Holdings    To: noone222 (#1)

While private sector borrowing accounts for the vast majority of the total, the rise puts CROOKED BANKS at risk if the SUCKERS refuse to pay !

I opened an account with 2 large checks here in town. Then I went to Wal Mart and used their debit card to purchase iTunes cards worth over $1,000. They had to do 2 transactions because the system would only allow $500 per transaction.

The checks both bounced like rubber balls and the account turned out to be almost $2,000 in the red. The woman at that bank screamed at me, "You're going to pay all of this!"

Then a collection agency in Arkansas bought the debt. They are whistling in the wind too.

Now that bank has again changed names. This is the third bank at that same location. ;)

BTP Holdings posted on 2019-11-08 07:34:49   Reply   Private Reply


#3: noone222    To: BTP Holdings (#2)

Commercial Intercourse has had a profound effect upon society resulting in the illegitimate offspring known as "THE NATIONAL and International) DEBT" ! This is the one example that supports the abortion concept.

Said another way, the banks have been fucking the country for a very long time. The illegitimate child (debt) is about to cause labor pains - kill it before it's too late !!!

How is it possible that the entire earth is in debt or bankrupt ? No winners ? Just losers ? This is impossible. All wealth comes from the earth and the earth is producing today like never before. Lawyers, politicians, and banksters need to be ABORTED !

noone222 posted on 2019-11-08 07:48:48   Reply   Private Reply


#4: BTP Holdings    To: noone222 (#3)

Lawyers, politicians, and banksters need to be ABORTED !

The French killed all the lawyers first. ;)

BTP Holdings posted on 2019-11-08 08:03:13   Reply   Private Reply


#5: Horse    To: BTP Holdings (#2)

My uncle had a printing press, plates for a $20 bill and $2.3 million in wet $20 bills in his garage when he was arrested. He did half the time that men I have known who tried to defraud a bank in bankruptcy court.

Horse posted on 2019-11-08 08:19:51   Reply   Private Reply


#6: BTP Holdings    To: Horse (#5)

My uncle had a printing press, plates for a $20 bill and $2.3 million in wet $20 bills in his garage when he was arrested. He did half the time that men I have known who tried to defraud a bank in bankruptcy court.

Getting caught printing funny money is generally less intrusive than trying to defraud a bank.

Banksters are the biggest fraud artists since they practice fractional reserve banking and create money out of thin air when they make loans. The quicker we get them strung up the better off we will all be. ;)

BTP Holdings posted on 2019-11-09 13:08:07   Reply   Private Reply