Is prosperity based on debt real prosperity?

[shastarSingh]

Whole world is under debt including the governments.

In the first world countries, everything is bought on credit.

Is western prosperity real?

Haven't they made a big debt bubble which will burst badly?

[GurjantGnostic]

2 hours ago, shastarSingh said:

Whole world is under debt including the governments.

In the first world countries, everything is bought on credit.

Is western prosperity real?

Haven't they made a big debt bubble which will burst badly?

And when every country runs a defecit ..in debt to who?

[GurjantGnostic]

2 hours ago, shastarSingh said:

Whole world is under debt including the governments.

In the first world countries, everything is bought on credit.

Is western prosperity real?

Haven't they made a big debt bubble which will burst badly?

And yes. Wealth looted. Moved. And bubble bursting. Or getting way smaller at least. 

[GurjantGnostic]

2 hours ago, shastarSingh said:

Whole world is under debt including the governments.

In the first world countries, everything is bought on credit.

Is western prosperity real?

Haven't they made a big debt bubble which will burst badly?

Well water, weapons and friends bro. They kind you would pick to go through hard times with.