FAST FIVE: Global Debt Tops $188,000,000,000,000 – Officially The Biggest Debt Bubble The World Has Ever Seen
Global Debt Tops $188,000,000,000,000 – Officially The Biggest Debt Bubble The World Has Ever Seen Authored by Michael Snyder via TheMostImportantNews.com, The world is now 188 trillion dollars in debt, and that number continues to grow rapidly each year.
On a much larger scale, the same thing is happening to entire nations.
And the federal income tax was needed as the mechanism through which our wealth is transferred to the government to service all of this debt.
It is truly a deeply, deeply insidious system, and the American people should refuse to back any politician that does not favor shutting it down, but at this point this isn't even a major political issue in our nation.
“Global debt – both public and private – has reached an all-time high of $188 trillion.