Trillions Global Debt Ponzi Scheme

global apocalypse

Be aware – world economies appear to be on the brink – progressive governments have pocket tons of money and are safe when their countries economy crumbles…

“For 30+ years, Western countries have been papering over the decline in living standards by issuing debt. In its simplest rendering, sovereign nations spent more than they could collect in taxes, so they issued debt (borrowed money) to fund their various welfare schemes.

This was usually sold as a “temporary” issue. But as politicians have shown us time and again, overspending is never a temporary issue. Today, a whopping 47% of American households receive some kind of Government benefit. This is not temporary… this is endemic.”

http://www.zerohedge.com/news/2015-02-02/100-trillion-global-debt-ponzi-scheme