World Debt Rising 3 Times As Fast As Global Wealth, page-13

The old saying about separating fools from their money has never been more true. At the end of this massive local consumption binge who will pay the piper? Maybe the piper (banks , financial institutions & their shareholders) are the larger fools here because they will never be repaid but that doesn't help those of us who have been a tad more sensible. If the banks go down in a disorganized manner we will all get hit by the tsunami.

Money is just a social construct that pretends to represent value. If more money is created than actual value inflation will inevitably equalize it.

cheers