Greece is in debt. Spain is in debt. Portugal is in debt. Ireland is in debt. The USA is in debt. The Euro may collapse.
Who the hell is the creditor ?
The banks of course, nameless,faceless, entities that write up books whereby everyone owes them money.
With hyper-inflation, that is on the horizon, it does not matter whether you owe money or saved money. All money is worthless. It is nothing more than ink written in a book.
You can’t eat gold.
You can’t shelter under bonds.
Savings are worth nothing.
Think carefully about getting back to basics.
