Debt bombs coming

the world has never been this far in debt – and we got there so quickly – and now, energy descent….defaults on a massive scale are coming – no one can pay

This is a study in Europe – note how many countries got so far in debt so fast….this will affect us here, even in little ole Lex

European Debt 2000 as a Percentage of GDP

European Debt 2009 as a Percentage of GDP

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