Give or take.....Global debt is $260 Billion, Derivatives is One...

Give or take.....Global debt is $260 Billion, Derivatives is One Thousand Billion - It simply isn't possible to pay this off and unwind the 'bunch of grapes' that is the financial system

The best we can look forward to is a couple of decades of no growth with the USA relinquishing their position as number one and the global effects of the US$ no longer being number one. Governments will have no choice but to support any industry that provides employment and tax dollars at the expense of AI, tech and 'green' industries. The countries with the biggest upside in terms of their citizens improving their lives has to be India, China and Africa. The countries with the highest standards of living (albeit on borrowed money) have the furthest to fall financially, emotionally and resulting in a loss of confidence. It's happening as we speak!

The worst case scenario will depend on the severity of emotions when fear and greed meet head on.....this is yet to happen.

What's going to replace money printing?

















I think we forget the one constant which is fear and greed