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Global Debt to Touch Record High in 2019! $32,500 Per Person
#1
It's clear that the current system has to collapse. With a debt of $32500 pr. person something is clearly wrong. 

The big question is how to end this growth of debt?

https://www.news18.com/amp/news/world/25...88625.html
Cardano is the most promising 3 gen. crypto right now.


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#2
It is crazy. I must be one of the richer person on the planet (by being an average Scot) but there is no way I can repay that sort of debt in a hurry. For 95% of the world it is beyond comprehension.

Simple solution - neither a lender nor borrower be. Too simplistic perhaps.
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#3
(2019-11-20, 04:45 PM)BobBobert Wrote: It is crazy.  I must be one of the richer person on the planet (by being an average Scot) but there is no way I can repay that sort of debt in a hurry.  For 95% of the world it is beyond comprehension.

Simple solution - neither a lender nor borrower be.  Too simplistic perhaps.

It's madness! And it is getting worse.
Cardano is the most promising 3 gen. crypto right now.


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#4
Debt write-off has got to happen at some point or the system will collapse. Whether it is a full write off or a percentage, it will need to be sooner and it needs to be significant.
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#5
(2019-11-21, 01:59 PM)BobBobert Wrote: Debt write-off has got to happen at some point or the system will collapse.  Whether it is a full write off or a percentage, it will need to be sooner and it needs to be significant.

Something has to happen for sure. What is uncertain.
Cardano is the most promising 3 gen. crypto right now.


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#6
(2019-11-21, 02:40 PM)Carsten Wrote:
(2019-11-21, 01:59 PM)BobBobert Wrote: Debt write-off has got to happen at some point or the system will collapse.  Whether it is a full write off or a percentage, it will need to be sooner and it needs to be significant.

Something has to happen for sure. What is uncertain.

A crash of the monetary system!
What is this thing that builds our dreams, yet slips away from us?

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#7
Yes, but will that happen?
Cardano is the most promising 3 gen. crypto right now.


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#8
(2019-11-22, 08:23 AM)Carsten Wrote: Yes, but will that happen?

It will happen.
When? Good question.
What is this thing that builds our dreams, yet slips away from us?

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#9
Okay....remember to live life until it happens!
Cardano is the most promising 3 gen. crypto right now.


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#10
And build debt! You will not have to repay it (maybe!!)
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