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RE: The number 1 problem facing the world today is DEBT!!!

in #silver7 years ago

The solution is a global agreement to default on government debts and wipe them out alongside the introduction of a gold backed currency which can be used by consumers to pay down debts denominated in fiat currencies. Yes the banks will suffer and it will cause a lot of pain, but it's the only way out as I see it.

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Thanks for the reply, I think the banks will let the world burn before the let the debt go. This debt is what gives them their power, they wont just give it up. That is my opinion my friend. Cheers

I agree, they will try and there will be pain but there are more powerful entities than the banks. I think they know that they need to reform, before the parasite kills the host.