The New CS Board

[jumanji0881]

"This Is Only The Start" Bill Holter Warns 'Whole World Is A Banana Republic'
https://www.zerohedge.com/geopolitical/only-start-bill-holter-warns-whole-world-banana-republic

My Comment: Of course, this guy has a vested interest, but IT REALLY IS ALL ABOUT THE DEBT.

Excerpts:
If you add up all the global GDP’s, we are roughly $100 trillion. The problem is there is well over $350 trillion in debt worldwide...When I graduated college... anything above 100% debt to GDP was considered a banana republic. Look where we are today. Globally, it’s 350% debt to GDP.

“We have had free and carefree times for the last 40 years. Now, you are going to see the reverse. Debt is a two-edge sword, and after 40 years, we are going to see the dangerous side of the sword... There is going to be starvation. This is going to be unlike anything...anyone has even written about from a fictional basis. . . .