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Thread: Who will come to collect?

  1. #1
    Master political analyst Dittohead not!'s Avatar
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    Who will come to collect?

    Global Debt Hits $217 TRILLION; 325% Of The World’s GDP

    Global debt continues to skyrocket according to a report released today*from the Institute for International Finance. The IIF’s report found that global debt had risen more than $11 trillion in the first nine months of 2016 to more than $217 trillion.*The report indicated that Global debt levels rose to more than 325 percent of the world’s gross domestic product last year as government debt rose sharply.
    Who will come to collect? Klingons?
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  2. #2
    Spock of Vulcan Ian Jeffrey's Avatar
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    Quote Originally Posted by Dittohead not! View Post
    Who will come to collect? Klingons?
    Ferengi, of course.
    Thanks from Dangermouse, Babba and Djinn

  3. #3
    Southern Strategy Liberal OldGaffer's Avatar
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    We could just pass the hat to these 8 guys.

    World's eight richest people have same wealth as poorest 50%
    https://www.theguardian.com/global-d...-as-poorest-50

    Or we could execute the poorest 50% and confiscate all their worldly goods....
    Thanks from Dittohead not! and Devil505

  4. #4
    Moderator libertariat720's Avatar
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    What's probably going to happen is there will be a global currency reset at some point. The fiat system is spiraling out of control.

    We need to start backing our money with a commodity index, or something like that.
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    Veteran Member bmanmcfly's Avatar
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    Quote Originally Posted by OldGaffer View Post
    We could just pass the hat to these 8 guys.



    https://www.theguardian.com/global-d...-as-poorest-50

    Or we could execute the poorest 50% and confiscate all their worldly goods....
    You do know that the "poorest 50%", if you mean number of people that have half the wealth, that's approximately 99.5% of the world's population, right?

  6. #6
    Veteran Member bmanmcfly's Avatar
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    Quote Originally Posted by libertariat720 View Post
    What's probably going to happen is there will be a global currency reset at some point. The fiat system is spiraling out of control.

    We need to start backing our money with a commodity index, or something like that.
    Or, allow the world economy collapse then bring out the solution of a cashless society, where if you disagree then your chip gets turned off and you can't buy or sell.

  7. #7
    Moderator libertariat720's Avatar
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    Quote Originally Posted by bmanmcfly View Post
    Or, allow the world economy collapse then bring out the solution of a cashless society, where if you disagree then your chip gets turned off and you can't buy or sell.
    Get rid of fiat currency at least. That doesn't mean everyone will have a barcode tattoo on the back of their neck.

  8. #8
    Veteran Member Southern Dad's Avatar
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    Quote Originally Posted by OldGaffer View Post
    We could just pass the hat to these 8 guys.

    Or we could execute the poorest 50% and confiscate all their worldly goods....
    And what if they aren't willing to acquiesce to that request?

  9. #9
    Veteran Member bmanmcfly's Avatar
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    Quote Originally Posted by libertariat720 View Post
    Get rid of fiat currency at least. That doesn't mean everyone will have a barcode tattoo on the back of their neck.
    I agree with you... the push though is towards digital currencies.

  10. #10
    Veteran Member bmanmcfly's Avatar
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    Quote Originally Posted by Southern Dad View Post
    And what if they aren't willing to acquiesce to that request?
    Don't worry, the death squads know not to take no for an answer.

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