The video is pretty basic and the information is good. However, the video fails beginning with this line: "if one link in the debt chain fails, the whole system falls apart."
Debt is not a chain. It is a web. It is decentralized. Of course, if a big player (such as the U.S.) fails, everyone will be affected to varying degrees.
Topic: Debt economics (Read 627 times)
This five minute video on global debt economics is worth watching. I haven't gone "full retard" on bitcoin and gold investing, but a little here and there, though I think more importantly, it's just really key to be paying attention at this point in time. Some big shit in the theater of global finance is going on right now and 2015 could very well be a pivotal year in how this all shakes out.
Jump to: