silver investment: The Lowest Risk, Highest Return Potential, page-288

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15/04/18

15:26

Post #: 32464888
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Originally posted by kh1961 ↑

The World's Debt Is Alarmingly High. But Is It Contagious?

Welcome back to a familiar anxiety: global debt contagion.
By
Matthew Philips
February 23, 2016, 2:55 AM GMT+11

PHOTOGRAPHER: QILAI SHEN/BLOOMBERG
One of the loudest creaking sounds coming from the markets right now is the global economy straining under a record pile of debt. The world has continued to borrow hand over fist since the financial crisis, adding nearly $60 trillion since 2007 in the process of pushing the worldwide debt load to $200 trillion, or nearly three times the size of the entire global economy. And that figure takes us only to 2014; we don't yet have fresh debt tallies from last year.
JUST IN CASE YOU HADN'T HAD THE TIME OR FORESIGHT TO LOOK AT THIS in 2016,

What would it be now???? And the truth would be appreciated.

Cheers kh

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Goldbugs have banged on about that crap for years. If you're worried about debt, buy USD because they've never defaulted on their debt.

But I guess owning the 'worthless USD' would be too much for precious metals fans to stomach.

That was in 2016, has the world economy collapsed? Errr, no stock markets have gone up and precious metals have gone down.
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0 Great analysis

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silver investment: The Lowest Risk, Highest Return Potential, page-288

Top Stories

From the Wire: Peace hype will come – once everyone gets over disbelief

From the Wire: Big Oz banks say RBA cuts likely, but inflation still a big beast

Kaoko is hunting copper on Namibia's quietest frontier. Now the drill bit has to talk

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