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Global Debt Soars to $169 Trillion: Will We Ever Learn?
American Thinker ^
| 09/12/2018
| By John Horvat II
Posted on 09/12/2018 9:05:07 AM PDT by SeekAndFind
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To: alexander_busek
Seems fungible — I imagine a lot of bonds are sold to individual bond-holders so that the corporation can get some cash to pay off the debt owed to a bank or consortium.
So ... different flavors, but also pretty muddy.
21
posted on
09/12/2018 11:04:05 AM PDT
by
ClearCase_guy
(The MSM is in the business of creating a fake version of reality for political reasons.)
To: RinaseaofDs
Is this also different than corporate paper, which I understand to be intercompany or interbank loans made and settled daily for day-to-day operations.Sorry, I was sick the day they taught us that in school.
Regards,
22
posted on
09/12/2018 11:18:11 AM PDT
by
alexander_busek
(Extraordinary claims require extraordinary evidence.)
To: SeekAndFind
How can the world be $169 trillion in debt? To whom do we owe it? Mars?
23
posted on
09/12/2018 12:34:10 PM PDT
by
10mm
To: SeekAndFind
Of course people won’t learn. There are always those who heed the siren call of free stuff from the government, and there will always be politicians willing to hand it out.
24
posted on
09/12/2018 1:11:15 PM PDT
by
Pining_4_TX
(..he predestined us for adoption to himself as sons...according to the purpose of his will Eph 1:5)
To: SeekAndFind
So the world is $169 trillion in debt? What does that even mean?
Is it something I should be worried about?
Seriously. This number is meaningless.
25
posted on
09/12/2018 1:16:16 PM PDT
by
Drew68
To: Buckeye McFrog
All that means is that it’s gotten so big it can NEVER be repaid. Everyone will realize this, shrug, and life will go on.$169 trillion is an incomprehensible number. On a related note, if you laid out 169 trillion $1 bills end to end, they'd stretch nearly 16.4 billion miles or almost to Pluto and back twice each way. Stacked on top of each other, they'd reach nearly 11.5 million miles high. This stack would weigh 186 million tons.
26
posted on
09/12/2018 3:32:15 PM PDT
by
Drew68
To: SeekAndFind
Obozenomics at it its finest. Just spend your self out of debt
27
posted on
09/13/2018 3:57:47 AM PDT
by
okie 54
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