The banking system based on debt is a gigantic scam.
If WEF want a sustainable system they should tell you that. But their sponsors would not be happy. :lol:
Old debt + interest can only be paid with new debt. Eventually debt is to large so central banks must print.
That is what they have been doing and now inflation is up a lot.
Will they continue to print? Perhaps we get a currency crisis then.
"Burry is best known for being amongst the first investors to predict and profit from the subprime mortgage crisis that occurred between 2007 and 2010."
https://www.youtube.com/watch?v=CpTB11XwiZY
If WEF want a sustainable system they should tell you that. But their sponsors would not be happy. :lol:
Old debt + interest can only be paid with new debt. Eventually debt is to large so central banks must print.
That is what they have been doing and now inflation is up a lot.
Will they continue to print? Perhaps we get a currency crisis then.
"Burry is best known for being amongst the first investors to predict and profit from the subprime mortgage crisis that occurred between 2007 and 2010."
https://www.youtube.com/watch?v=CpTB11XwiZY
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