Pearl Necklace

Thursday, August 3, 2017

At the end of 2009, the French bank Societe Generale released the report "The Worst Debt Scenario", which promises a terrible collapse of the global economy in the next two years. The French explained that all the "anti-crisis measures" of the current governments simply transferred private debt to the backs of state budgets. Public debts and their relation to the volumes of GDP have become too great even for the richest countries. In the next two years, the national debt of the UK will grow to 105% of GDP, in the USA and eurozone countries - up to 125%, in Japan - up to 270%. But this is only public debts.

If you take the total debts, then the situation is much worse. So, the leading consumer of diamonds, the United States, is this: 16 trillion dollars - Treasury obligations (US Treasury); Still the same amount - corporate sector liabilities; 8 trillion - state and municipal debts; More than 13 trillion dollars - debts of households; The uncovered liabilities of medical and pension insurance systems are about 30 trillion. In total, we get 80 trillion. Only for the maintenance of this debt pyramid, Americans should spend from 3 to 5 trillion dollars a year. Already, one third of the GDP of the United States is spent on debt servicing.

California as the most advanced state of America shows us in a time ahead scenario of events: technical default; The introduction of money surrogates; Reduction of workplaces; Beggar survival.

Similar to the USA, other industrial countries are also worried about big financial problems (only Germany is in relative prosperity, since it has powerful and competitive machinery, chemistry and a number of other advanced industries).

The collapse of the old financial system with the development of hyperinflation, barter and the transformation of the West into a Soviet likeness in 1991 may not be so fantastic. According to the Assay Chamber and the Guild of Jewelers of Russia, the consumption of jewelry products in the period of the increase in acute crisis phenomena decreased by 3-4 times. In the mid-1980s, the jewelry industry of the USSR at the peak processed about 60 tons of gold solely for domestic consumption.

http://rough-polished.com/ru/analytics/36498.html

No comments:

Post a Comment