Tuesday, December 18, 2018

Danielle DiMartino Booth: $250 Trillion Global Debt Will Not Be Forgiven Willingly


Former Fed insider Danielle DiMartino Booth says the $250 trillion global debt is going to be a painful and messy problem to resolve. 

What about a giant global debt forgiveness such as a debt jubilee? DiMartino Booth warns, 

“I am not so sure something like a debt jubilee, where all countries are supposed to hold hands and sing kumbaya, I don’t know that scenario necessarily unfolds. The debt will not be forgiven willingly.”

- Source, USA Watchdog