European debt explained

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  • #325924
    Proclaimer
    Participant

    #325925
    chosenone
    Participant

    Where are they going to get the money? Easy answer,,, print it of course, that is what countries are doing, printing billions of 'dollars' pounds, euros, etc. The world economies are broke, currencies
    are being inflated until the're worthless, the “great tribulation” near?

    Blessings.

    #325926
    Proclaimer
    Participant

    The thing is, someone must be getting the money.
    Who is it?
    China?

    #325927
    terraricca
    Participant

    I believe the money goes to no one,China may have at the moment more money ,but it as no raw materials,so her money is put in the plan of the next 20 or 30 years  to secure her future of expansion,and that is in country's around the world ,what if each country just nationalizes all there debts this would take things back 50 years or so but the they would be debt free but with a angry lender,,s  

    soon i guess our money may be worth nothing ,

    yes i believe the end of this system is unfolding

    Pierre

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