Debt, Recession Worries Bring Volatility to World Markets

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Gold Bird
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Debt, Recession Worries Bring Volatility to World Markets

Postby Gold Bird » 10 January 2017

How can we know when the crash will happen for sure when the Plunge Protection Team in the US keeps pumping and companies are buying back their own stock?

Not only are people that buy gold and silver relying on a price explosion to even make what they are doing worth it, they are relying on there being a functional economy that wants to buy your worthless metal after the collapse happens. Buy some survival courses, way better investment than a shiny object no one will need.

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Lunar Dragon
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Re: Debt, Recession Worries Bring Volatility to World Markets

Postby Lunar Dragon » 20 January 2017

In 1980 the debt was less than $1 trillion. In 1988 the debt was $2.6 trillion. In 1992 the debt was $3.6 trillion. In 2000 the debt was $4.5 trillion. In 2008 the debt was $9.5 trillion. Today the debt is $19.5 trillion. With Hillary being elected what is the next stop $39 trillion? In 2008 the economy was around $14.5 trillion. Today it is $18 trillion. In 8 years the economy has grown a little over 20%, and the debt as grown 100%. Hmmmmmmm.


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