Debt Bomb!

First there was the local, United States, view back in the mid 2000 period and folks were alarmed.  Then the accumulation of household debt didn’t slacken and now here we are in 2017: Market Watch, New York Times, and Reuters.

Now read the reports at the International Monetary Fund as background material, as it has been a year since that organization sounded the alarm: The Guardian on World Debt, The Guardian on IMF Global Debt, Bloomberg.

And now digital currency, think Bitcoin, may well see competition from the IMF.

Remember when China collapsed the value of Bitcoin last month, India threatened to adopt its own version, and then look where Bitcoin is now.

The roller coaster ride isn’t over.  Does this interest anyone?