Don’t Confuse Debt with Wealth

By Guy Christopher – Re-Blogged From Money Metals Exchange

If you don’t have a magical crystal ball to see the future, then a good history book will do the job. Understanding the past offers a full color panorama to the dangers and opportunities facing you in 2016.

Unpayable debt is becoming the Big Story of the 21st Century across the globe. Life-altering disruptions will be the norm, with little that mankind has not seen before.

In early November, Congress recklessly increased American spending and debt by another $1.14 trillion. Lawmakers long ago erased all limits to printing money and creating debt backed by nothing. The total world debt is unknown and uncountable. Pick any figure in the hundreds of trillions and you’ll be close.

Governments intend for you to pay those debts. To ensure you don’t argue, they must increase control.

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