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The coming depression blog | June 24, 2019

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Another Great Depression Soon? | The Rich will Survive

The rich will stay rich, but if the US economy-bubble pops the whole world is gonna feel it. It’s unreal to see that at the moment there is more debt in the world than actual money ($120tril debt vs around $100tril in real money)! It kinda shows how quickly our worldwide financial system is failing, I reckon we can hold out for another 25 years before something big HAS to happen. And since countries like China are unlikely to let off the US’s huge debt to them, I wonder what might happen…

Source: http://www.youtube.com/watch?v=jA3nC2LPC04

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