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Topic: Some facts about the global debt... - page 2. (Read 304 times)

jr. member
Activity: 43
Merit: 2
June 26, 2018, 12:31:04 PM
#17
Yes I know that's not familiar to many people.
 All I know is that every person must have a debt do not global anybody must have a debt.
 Debt becomes its own characteristic in order to have or to get something in want and to ease the burden for global and other countries also
hero member
Activity: 994
Merit: 504
June 26, 2018, 12:13:56 PM
#16
Do you know that the global debt is around 230 trillion USD?
This is around 325% of the global GDP.
Countries like Japan have estimated debt of around 250% of their GDP.
China`s corporate debt is around 150% of China`s GDP.More than 50% of that debt is created by the govenment owned corporations.

Every idiot,who calls bitcoin a bubble should look at these stats.
The global debt bubble is 10000 times bigger than the crypto or bitcoin bubble.
The cryptocurrency prices are pumped by this bubble.This bubble will create the new Great Depression.

Then people in the world should start fixing things. Sooner or later our world will be filled with Humans that we can't even now live for ourselves. We should evolve our technology fast and Blockchain is one of it.
newbie
Activity: 126
Merit: 0
June 26, 2018, 11:47:26 AM
#15
We are rarely on the lookout for global debt, and these huge debts may curb interest rate hikes by central banks due to worries about corporate and government debt relief. .
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
June 26, 2018, 11:43:26 AM
#14
this is why Bitcoin come to world to solve the problem of the existing monetary crisis in the world  Cheesy
member
Activity: 336
Merit: 12
June 26, 2018, 11:30:09 AM
#13
Do you know that the global debt is around 230 trillion USD?
This is around 325% of the global GDP.
Countries like Japan have estimated debt of around 250% of their GDP.
China`s corporate debt is around 150% of China`s GDP.More than 50% of that debt is created by the govenment owned corporations.

Every idiot,who calls bitcoin a bubble should look at these stats.
The global debt bubble is 10000 times bigger than the crypto or bitcoin bubble.
The cryptocurrency prices are pumped by this bubble.This bubble will create the new Great Depression.

You are saying yourself that the Bitcoin price has been pumped by this bubble, in my opinion Bitcoin to $20k was in itself a parallel bubble which has now popped. Probably that most of this debt won't be repaid because many corporations and countries will default on their debts but it's gonna hurt a lot if this debt bubble does not pop through a controlled demolition by international institutions but well... it's only the natural cycle of capitalism and one of the reason Bitcoin and crypto are so popular  Cheesy
sr. member
Activity: 1428
Merit: 326
Eloncoin.org - Mars, here we come!
June 26, 2018, 11:20:37 AM
#12
Thanks for sharing good things.Only in some countries government regulate the bitcoin and get tax from it.In future if the entire country government get into crypto regulations and get some tax from the people,it may impact the GDP.Many government restrict to use crypto for their own country economy.
legendary
Activity: 2170
Merit: 1427
June 26, 2018, 11:16:50 AM
#11
I hope that people recognize how wars, defense contracts, anti terrorism, healthcare reform and similar agendas are pushed to justify the deficit growing larger. The only way that we have a chance of saving our future is if people recognize those programs are negative and refuse to support them. Any big spending, trillion dollar, program pushed by the state is typically a terrible idea via default.

People will never learn. They are bainwashed to the core of their existence. If we look at how this problem has only become worse throughout the last decades, it's pretty certain to say that we in the forthcoming years will go through something way worse than this. Economically, we can only sink deeper; there is no way this is ever going to get solved, or even remotely reduced. The only escape is to hedge your way out.

I am however glad that the majority of my wealth is locked in Bitcoin and that my 'support' for a system I heavily dislike has been reduced to the extreme minimum in the last years.

Let Bitcoin fall harder, maybe that will boost me to convert 95% of my fiat wealth to Bitcoin.
newbie
Activity: 266
Merit: 0
June 26, 2018, 11:03:05 AM
#10
Info that I think is useful. then regarding this whether there is an impact for bitcoin prices?
legendary
Activity: 2562
Merit: 1441
June 26, 2018, 10:16:37 AM
#9
The most interesting statistic regarding global debt may be that the vast majority of it was accumulated over the last 10 years or so. In the USA it is only recently that the american public has supported $2 trillion dollar healthcare reform packages like the affordable care act, $1 trillion dollar defense programs like the F-35, $1 trillion dollar economic stimulus packages, multi trillion dollar wars in the middle east with more taxpayer trillions spent on anti-terrorism and iraq / afghan reconstruction, multi trillion dollar bank bailouts.

There's a stark and interesting contrast to how Clinton/Bush/Obama spent trillions of dollars to "stimulate" the US economy. While Donald Trump came along and implemented measures to accomplish this same goal with tax cuts and deregulation, rather than federal spending. Certainly there would be interesting historical contrasts and parallels to be drawn there if economists bothered with such things in this day and age.

I hope that people recognize how wars, defense contracts, anti terrorism, healthcare reform and similar agendas are pushed to justify the deficit growing larger. The only way that we have a chance of saving our future is if people recognize those programs are negative and refuse to support them. Any big spending, trillion dollar, program pushed by the state is typically a terrible idea via default.
sr. member
Activity: 602
Merit: 259
June 26, 2018, 08:27:32 AM
#8
Thats another reason why bitcoin will live forever and government can not do anything about it. The government itself might just get into crypto currencies and with that they will try to gain some profits with tax means or some other means. So that they can clear up the thick air above their debts and try to make their GDP stinger next time. Who knows, this might be the case in future. Today this thing has occurred to your mind and any government may not be thinking about it in that way but they will one day. Good to hear the new fact!
full member
Activity: 392
Merit: 106
June 26, 2018, 08:22:15 AM
#7
Truth and nothing but the truth!!!

The truth that mainstream media and economic experts are silence because they’re hypocrisy is to be known. Time has come to expose them and let the people know what is wrong within our society right now.

I’m gonna ask if it isn’t true that USA have trillions of dollars debt to China and if this you mentioned this two country maybe you randomly select it or depending on higher numbers.

I’m just curious about why you don’t mention USA global dept when you even used USD.
hero member
Activity: 854
Merit: 501
June 26, 2018, 07:55:58 AM
#6
Do you know that the global debt is around 230 trillion USD?
This is around 325% of the global GDP.
Countries like Japan have estimated debt of around 250% of their GDP.
China`s corporate debt is around 150% of China`s GDP.More than 50% of that debt is created by the govenment owned corporations.

Every idiot,who calls bitcoin a bubble should look at these stats.
The global debt bubble is 10000 times bigger than the crypto or bitcoin bubble.
The cryptocurrency prices are pumped by this bubble.This bubble will create the new Great Depression.
Lol, man you’re so damn right!😂😂 But I still think that everyone is free to say whatever they want about Bitcoin, and that’s their own business and no one else’s. They can be calling Bitcoin a bubble, it’s none of my business, all that matters to me is whether I’m making money from it or not. As long as I’m making money from it, I don’t care about what people are saying about it.
newbie
Activity: 266
Merit: 0
June 25, 2018, 04:44:38 AM
#5
In the modern world, money is a debt. I think the source of all debts is the United States. The invented scheme with the Fed, which credits the US government with interest, is nothing more than a bubble designed to drive the world into debt and simultaneously get all the really valuable assets. Bitcoin is also regrettable already under the control of a group of bankers, which makes it also a bubble.
newbie
Activity: 117
Merit: 0
June 25, 2018, 04:27:29 AM
#4
Do you know that the global debt is around 230 trillion USD?
This is around 325% of the global GDP.
Countries like Japan have estimated debt of around 250% of their GDP.
China`s corporate debt is around 150% of China`s GDP.More than 50% of that debt is created by the govenment owned corporations.

Every idiot,who calls bitcoin a bubble should look at these stats.
The global debt bubble is 10000 times bigger than the crypto or bitcoin bubble.
The cryptocurrency prices are pumped by this bubble.This bubble will create the new Great Depression.

Truth and nothing but the truth!!!
jr. member
Activity: 164
Merit: 1
bitcoin is great
June 25, 2018, 03:03:24 AM
#3
Great statistics, you can also see the debt of the United States  of America  growing  by the seconds http://www.usdebtclock.org/world-debt-clock.html.yet some "experts" are quick to call bitcoin a bubble. They should focus on that, not on bitcoin trying to bring some solutions to the problems created by banks
newbie
Activity: 140
Merit: 0
June 25, 2018, 02:58:04 AM
#2
Global debt reached more than $ 233 trillion. Very high in terms of what we see, according to IIF analysts, this huge debt could curb interest rate hikes by central banks due to concerns about the ability of banks to pay off their debts. business and government.
hero member
Activity: 3094
Merit: 929
June 25, 2018, 02:37:29 AM
#1
Do you know that the global debt is around 230 trillion USD?
This is around 325% of the global GDP.
Countries like Japan have estimated debt of around 250% of their GDP.
China`s corporate debt is around 150% of China`s GDP.More than 50% of that debt is created by the govenment owned corporations.

Every idiot,who calls bitcoin a bubble should look at these stats.
The global debt bubble is 10000 times bigger than the crypto or bitcoin bubble.
The cryptocurrency prices are pumped by this bubble.This bubble will create the new Great Depression.
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