infose.
That is not really true at all. Where did all the money go during the GFC??
If for every creditor there is a debtor then where did all the money go so that the world was suddenly broke??
The banks only hold 10% of the money at most in the fractional banking system.
Places like the world bank hold a great deal of money that is not in circulation and is not attributed to any country or other banking system.
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- World Debt Rising 3 Times As Fast As Global Wealth
World Debt Rising 3 Times As Fast As Global Wealth, page-6
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