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Global debt timebomb (sorry I mean recovery)

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    Global debt timebomb (sorry I mean recovery)

    A Full-Blown Global Debt Crisis: The Bankruptcy Of The Planet Accelerates
    http://www.cih.org/news-article/disp...housing_market

    #2
    Thanks for the link, interesting read, although I don't know what to conclude. Either there is so much debt that it will never be repaid and the world financial system will collapse. Or that inflation will nullify the debt and there's nothing to worry about.

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      #3
      Reporting fail. No mention of what it will do to my house price.

      Comment


        #4
        Originally posted by meridian View Post
        Reporting fail. No mention of what it will do to my house price.
        The truth is, no body knows.

        But I would suggest your mortgage, if a variable rate, may go up a touch!
        http://www.cih.org/news-article/disp...housing_market

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          #5
          Originally posted by meridian View Post
          Reporting fail. No mention of what it will do to my house price.
          It will go up, obviously, house prices only go up.

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