Boncuk
New Member
I guess Greece was just the top of an iceberg concerning national dept.
The entire gigantic sum of 42 Billion (42,000,000,000,000) US$ is due for payment.
The 100 richest persons in the world own 350 Milliards US$ (350,000,000,000), just enough to pay the annual interest of that huge sum of debts.
The financial situation is worst in the USA, just like after another World War - participating with 1/3 of the entire amount of national dept.
National loans have reached 90% of the annual gross national product , making it almost impossible to pay back the depts, not even interest.
I wonder if the world will return to goods exchange as it was practiced in ancient times.
Boncuk
The entire gigantic sum of 42 Billion (42,000,000,000,000) US$ is due for payment.
The 100 richest persons in the world own 350 Milliards US$ (350,000,000,000), just enough to pay the annual interest of that huge sum of debts.
The financial situation is worst in the USA, just like after another World War - participating with 1/3 of the entire amount of national dept.
National loans have reached 90% of the annual gross national product , making it almost impossible to pay back the depts, not even interest.
I wonder if the world will return to goods exchange as it was practiced in ancient times.
Boncuk