The debt bomb just got bigger

http://economicrisis.com/the-debt-bomb-just-got-bigger/2279

The debt bomb just got bigger

The amount of debt worldwide is more than all of the bank accounts in the world, and the current financial situation in Cyprus is the inevitable next phase: Confiscation.

All pretense is now gone that central or global bankers can ‘securitize’ growth by packaging and repackaging debt; by hypothicating and rehypothicating debt; by regulating and rergulating debt.
Read More: http://economicrisis.com/the-debt-bomb-just-got-bigger/2279