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30/09/16
08:15
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Originally posted by martis
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Well ophir ...I have been saying it for nearly a decade now .... They should of done absolutely nothing in 09 and let the financial system reset ...let there be a depression ...believe it or not ..its healthy.
NOW what they have created by there reckless intervention is a mighty debt bubble that will not be seen again for the next few centuries imo
What i believe will occur is a complete melt down of the financial system ...A complete decimation of assets ...Be it property ...cars ...art ..etc.
Unemployment on a global scale will be 90% ....Money will be worthless ....farms will skyrocket and gold will be the new global currency imo.
Europe will be decimated ....Riots will be witnessed on a global scale at one time ...Martial law will be activated ...fear will grip the globe....communism will probably prevail for a good part of a few decades.
All in my opinion BUT unfortunately my big gut has been right more times than wrong.
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Would it be too simplistic that before got there everyone just forgave everyone debt. I just don't u understand how some of these countries will ever pay there debt, or are we just looking at the wrong way ie the intention is to never pay the debt just keep servicing it and what it is is what it is