Global debt at a new record high of $313 trillion

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This couldn’t happen without world banks. Under accounting principles, debts can never be greater than assets. If you borrowed money from someone, they had to have the money to lend, making the debt and asset cancel each other out to $0. Only with world banks are they allowed to lend money they don’t have to countries who also don’t have money.

See also Repo failures surged 50%, swap spreads hit record lows. Credit card delinquency rates are reaching 2008's levels. When is the rug pull coming?

h/t theSilverVigilante

See also Biden/Harris Replicates Reagan’s Soviet Bankruptcy Strategy IN REVERSE, US Debt Stands At $36 TRILLION With $220.3 TRILLION In Unfunded Liabilities (Too Bad Total US Assets Are Only $217 TRILLON)

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