Debtor Nation DEATH?!?!? The Coming Currency CRISIS!

[coolguy98]

What happens when there's over 40 Weimar republics in the world, including the U.S?

[sniped101]

my goodness. how far does the debt have to be for the place to callasp?

[casienwhey]

your numbers for the US external debt as a percentage of GDP are off. According to wikipedia the correct number for all of 2009 for gross debt (both external and inter-governmental) was 86.1% and for just external or publically held debt the number was 54.6%. I am sure its higher today though. 

[Gradenkos]

If you click the link underneath the movie to cnbc you will see there's an updated list where the USA is at place 20 and the Netherlands is fourth. Also compare the rapid increase of the debt in the Scandinavian countries. Ow and yeah Ireland is still on top with 1 312%. If you would take an interest rate of 3%, that means that almost 40% of the tax payers money will go to paying the interest.......

[ToiYeuDatNuocCuaMinh]

LMAO! Hong Kong is part of PRC since 1997 and present? Why is it considered as a nation but not not territory! Anyway good .

[Siddis33]

The list does not reflect the economical soundness of the countries. I don't know where this figures comes from, but they are not consistent with other statistics.

[eliasmouawad]

Search for "CIA DEBT LIE"

Spread the video !

[Rico8458]

new world order or fourth reich? EU is germany? but unless germany buys gold and silver and gets off the dollars they shall fall down too.

[USNavyman09]

IRELAND?!?! No wonder they drink so much!!

[Growby10]

@USnavyman- if their economy is the reason they drink so much...maybe we'll be in drinking MORE than the Irish!

btw, I love Ireland! =)

[mattandpatti222]

It's called New World Order! Revived Rome is the EU. Babylon always was and is in control of wordl.

[tiarnan76]

@mattandpatti222 youre 100% spot on...theres a new doc out called - a lamp in the dark - by the makers of riddles in stone....its about the vatican - its brilliant

[JohnLeeMD]

growby10,

Interesting to see how almost any major country/colony/region previously under British rule is on the list (Australia probably only one I don't see).

In other words, it seems anything that the British have gotten their hooks in, has been exploited & corrupted.

[JohnLeeMD]

I think he thinks it would be some sort of domino-effect.

[ZenChat]

I DON'T GET IT:

These are THE MOST DEVELOPED COUNTRIES..

How can they be worse of then 3rd world countries?... It makes no sense...

[llothar68]

Learn about the money system. Money is always equal to debts. So a wealthy country most have a lot of debts to have money.

Sounds stupid - not for the banksters.

But maybe less then 1% can answer the simple question "How is money created"

[zxzrp0]

LOL think about it like this. Broke people have no money to spend, People With money spend more than they need to. Understand how we got in debt?

[stuntpea]

Eh? I'm not sure about the figures on Britain.

I can't quite remember the percentage but I read it was less than 100% of GDP.

Of course you can't believe everything you read in controlled newspapers.

I believe Mervyn King (BoE guvernor) saved Britain at the last second by stopping any more bailouts.

[leninstreet]

The real debt to GDP figure for the US is 375%

[vsaldanas]

TO- leninstreet -: How can the USA GDP be 375% ? Did u hear that from Jim Rogers or Peter Schiff?

[llothar68]

There are a few more numbers you need.

Explicit debts and implicit debs for example. Implicit debs are not credits from bankers and obligations for the government they have to pay for example Pensions for state workers.

Then you can also add the private household debt into the equation. With this three the US Debt is around 105 trillon. Thats how much of the GDP - a little more then Ireland.

[joel1923]

Growby10-Keep these vids coming! Good work! I'm in Asia right now and the situation here is pretty dire. Japan has been hit especially hard. I don't think there are any safe havens anywhere.

[fridamemorylane]

And what is the average amount of money an american have for his retirement fund and savings account

Compared to a Japanese or a Dutch guy. average american -/- 400.000 ( Minus)

Japanese or Dutch +/+ 300.000

makes a difference of 700.000

so what does this mean after all.

Its a joke Issue

BTW Monaco percentage was over 1870% onethousaneighthundredseventy percent :-)

[WalkProp]

GDP means nothing in this case. USA's GDP is over 70% consumption.  Many other of those debtor nations have greater productive means and higher savings rates.

Nice Try. US is toast.

[Lynchian74]

Yeah, seen that slide show before. Most of that Irish debt is personal and corporate. We have a terrible government at present and our credit rating has been downgraded again. We went from a massive boom to hitting the wall overnight. It is hell.

[leninstreet]

This is meaningless. Most of the countries on this list have strongly positive balance of payments. Meaning they make more then they import. Also,all of these countries are owed money from others. Saying that Germany is worse of then the US is a joke. What you need to do is to get a chart of nations that are bleeding(consuming far more then they make) and owing other nations money without them owing you.

[Bassmarko]

Awesome video. Thanks for the information. I really thought we would be at the top of the pyramid.

[PorscheB06]

You make it sound as if the the U.S. is the best economy and the safest currency to be in.

[jamezbond78]

Why hasn't Ireland defaulted on their debt? How are they able to continue operating at 811%?

[ohio1998]

That's all we need, more dirty Irish people moving to the U.S. :)

[Lynchian74]

Your country would never been as powerful if the Irish never had arrived. Its the banking system thats crippled your country. Go throw your prejudices at the people who run them.

[ohio1998]

You totally missed the joke.

[overseachininadoll]

Common, I already read this few weeks ago from Business Week. Very yesterday's news, men.

[Astrocreep69]

Business Week is a BS magazine... I got a free subscription to it in college.

[turbotrana]

Not everyone can read the Business Week and be as informed as you are. Thanks for that info Groyby10. You provide very valuable and relevant info. Keep up the good work.

[overseachininadoll]

It's on their website. Yes everyone can read BS.

[navtel]

is that last years GDP? wait till this year..

[halfasheep]

811%, thats alot of spuds owing.

[0oakman47o0]

Great info , 5 stars .