SCROLL DOWN FOR NEWS LINKS AND VIDEOS: When I read that the Global Markets Debt exceeded 100 trillion dollar my jaw dropped to the floor. The Global debt has increase by 40 percent and is twice the American Gross Domestic Products. It looks like all that bailing out really hasn’t help since governments around the world are overspending and borrowing to get themselves out of the recession from the last financial crisis. The looting of the people’s wealth is happening right before our very eyes and no one seems to care. I truly believe that a certain crisis is being set up to pull the world away from paper currency into a one world currency. There are too many things happening in the financial markets that make me believe that the Stock Market isn’t as stable as they are making it out to be. There are too many sirens going off and the false assumption is that everything is okay, because the Economy is okay. The house of Cards is about to collapse and those responsible for it are the very same ones setting those exuberant individuals up for a big fall. If you think the bankers who are committing suicide is an epidemic, than I truly believe we haven’t seen the worst of it. When the ship falls to the bottom of the ocean you will see those who believed in this false strong economy will go down with it. It is not question of if a collapse will happen, but when it will happen.
ZEROHEDGE: Imagine that you are speeding down one of those long and lonesome stretches of highway that seems to fall off the edge of the horizon. As the painted white lines become a blur, you notice a sign that says “Warning.” You look ahead for what seems to be miles of endless highway, but see nothing. You assume the sign must be old therefore you disregard it, slipping back into complacency.
A few miles down the road you see another sign that reads “Warning: Danger Ahead.” Yet, you see nothing in distance. Again, a few miles later you see another sign that reads “No, Really, There IS Danger Ahead.” Still, it is clear for miles ahead as the road disappears over the next hill.
You ponder whether you should slow down a bit just in case. However, you know that if you do it will make you late for your appointment. The road remains completely clear ahead, and there are no imminent sings of danger. So, you press ahead. As you crest the next hill there is a large pothole directly in your path. Given your current speed there is simply nothing that can be done to change the following course of events. With your car now totalled, you tell yourself that there was simply “no way to have seen that coming READ MORE: http://www.zerohedge.com/news/2014-03-11/10-warnings-signs-stock-market-exuberance
THE ECONOMIC COLLAPSE BLOG: None of the problems that caused the last financial crisis have been fixed. In fact, they have all gotten worse. The total amount of debt in the world has grown by more than 40 percent since 2007, the too big to fail banks have gotten 37 percent larger, and the colossal derivatives bubble has spiraled so far out of control that the only thing left to do is to watch the spectacular crash landing that is inevitably coming. Unfortunately, most people do not know the information that I am about to share with you in this article. Most people just assume that the politicians and the central banks have fixed the issues that caused the last great financial crisis. But the truth is that we are in far worse shape READ MORE: http://theeconomiccollapseblog.com/archives/we-are-in-far-worse-shape-than-we-were-just-prior-to-the-last-great-financial-crisis
BLOOMBERG: The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates, according to the Bank for International Settlements.
The $30 trillion increase from $70 trillion between mid-2007 and mid-2013 compares with a $3.86 trillion decline in the value of equities to $53.8 trillion in the same period, according to data compiled by Bloomberg. The jump in debt as measured by the Basel, Switzerland-based BIS in its quarterly review is almost twice the U.S.’s gross domestic product READ MORE: http://www.bloomberg.com/news/2014-03-09/global-debt-exceeds-100-trillion-as-governments-binge-bis-says.html