Greg Mannarino om skuldbubblan

"The central banks… by us adopting a debt-based economic model, which demands that cash be borrowed from the future in greater and greater amounts to sustain what we have here, have created an alternative universe which would not exist. If we did not have access to all of these funds that we’re borrowing from the future and inflating this debt we would not have the lifestyle that we have now.
 

It’s created a population boom… a population boom has risen in tandem with the debt. It’s incredible.

 

So, when the debt bubble bursts we’re going to get a correction in population. It’s a mathematical certainty.

 

Millions upon millions of people are going to die on a world-wide scale when the debt bubble bursts. And I’m saying when not if…

When resources become more and more scarce we’re going to see countries at war with each other. People will be scrambling… in a worst case scenario… doing everything that they can to survive… to provide for their family and for themselves.

 

There’s no way out of it.

They understand where this is going… Let’s put this into perspective… The world’s central banks, by going negative [interest rates] they’ve turned the entire financial system upside down. That’s how desperate they’ve become. They’re charging people to put cash into these institutions…

 

It can’t work. It’s not how it’s designed to work.

 

So, that should tell us all how close we must be to this moment."

 

(Greg Mannarino, från detta blogginlägg)


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