off-grid

Debt Leads To War? Can The World Pay $247 Trillion To Avoid It?

The global debt crisis should frighten us all because debt leads to war.

The global debt is reportedly 318% larger than the value of all the world’s economies. The Institute of International Finance (IIF) estimates that the human race owes $247 trillion. One major issue concerning this fact is that very often debt leads to war.

The GDP is the value of all the economic activity in a nation. This means the world’s debt apparently exceeds global economic activity by 318%.

To add to the fear, the world’s debts increased by $8 trillion during the first three months of 2018. To make matters worse, the rate at which the world is accruing debt increased in 2018.

“The pace is indeed a cause for concern,” Executive Managing Director Hung Tran told Yahoo Finance. “The problem with the pace and speed is if you borrow or if you lend very quickly … the quality of the credit tends to suffer.”

Low-quality credit means higher interest rates, which will increase the size of the debt. Therefore, the more the world borrows, the more it owes.

“The quality of creditworthiness has declined sharply,” Tran observed.

If Tran is right, some governments might find themselves unable to borrow money. That can lead to economic chaos and political collapse.

There Is Little That America Can Do

Frighteningly, there is little that America can do about the global debt crisis. The gross domestic product (GDP) of the United States was $19.39 trillion in 2017.

Everybody should be frightened because the United States is the world’s largest economy. The second largest economy, the People’s Republic of China, had a GDP of $10.43 trillion in 2017.

Obviously, there is not enough money on Earth to pay the world’s debts. The most likely outcome of the debt crisis is a widespread default.

A default means that governments will collapse and money will become worthless. An inevitable outcome of a default is hyperinflation.

America’s Debt Has Exceeded $20 Trillion

America is leading the way in the global debt crisis. In fact, the national debt of the United States exceeds the value of America’s GDP.

The U.S. national debt reached $20.7 trillion in February 2017. However, America’s GDP was $19.39 trillion at the end of 2017.

Like the rest of the world, America does not have enough money to pay its debts. The United States is on the fast track to default.

Debt Leads To War

To make matters worse, history teaches that debt leads to war. Furthermore, both World War One and World War Two were partially caused by debt.

During World War One, the British Empire probably racked up a debt of $142 billion. They owed most of that money to the United States.

The United States likely entered World War One in 1917 to ensure British victory. The fear was that Britain would not pay its debts if the Central Powers (Germany, Austria-Hungary, and Turkey) won.

A partial cause of World War Two was the efforts to make defeated Germany pay for World War One. The Allies aggressively tried to make Germany pay $33 billion it did not have in reparations.

Debt Created Hitler

Moreover, the reparations issue helped Hitler and the Nazis come to power. Germans were convinced they needed a strong leader and a powerful military to protect their economy from reparations.

Hitler was a forceful leader, whose first priority was rebuilding the German war machine. Once they rebuilt the war machine, the Nazis used it to punish the countries demanding reparations.

Things were made worse by American efforts to get the Allies (France, Italy, and the British Empire) to pay their war debts. The “war-debt” issue deeply divided America and Europe.

Disgust at unpaid debts was one reason why many Americans refused to join the war until Pearl Harbor. Consequently, this delay probably enabled the Nazis to conquer France in 1940.

The global debt crisis should frighten us all because debt leads to war.

You may also enjoy reading an additional Off The Grid News article: Enormous National Debt Will Double Again In 10 Years Or Less

Do you have any additional thoughts on the world’s gigantic debt problem? Let us know in the comments below.

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Self Sufficiency

NYC Adds Nearly 4,000 People Who Never Tested Positive To Coronavirus Death Tolls

New York City added nearly 4,000 people who never tested positive for the coronavirus to its death toll Tuesday, bringing coronavirus-related deaths in the city to around 10,000 people.

The city decided to add 3,700 people to its death tolls, who they “presumed” to have died from the virus, according to a report from The New York Times. The additions increased the death toll in the U.S. by 17%, according to the Times report, and included people who were suffering from symptoms of the virus, such as intense coughing and a fever.

The report stated that Democratic New York City Mayor Bill de Blasio decided over the weekend to change the way the city is counting deaths.

“In the heat of battle, our primary focus has been on saving lives,” de Blasio press secretary Freddi Goldstein told the Times.“As soon as the issue was raised, the mayor immediately moved to release the data.”

The post New York City added nearly 4,000 people who never tested positive for the coronavirus to its death toll appeared first on Daily Caller

This Article Was Originally Posted On dailycaller.com Read the Original Article here

off-grid

The Ultimate Energizer Review – Does It Really Work?

If you’re looking for a review of the ultimate energizer guide then you have come to the right spot because in this exclusive article we’re going to blow the lid off the ultimate energizer once and for all and reveal weather it is the real deal or not.

This brings us to the review of the ultimate energizer guide. This is a program that provides users with classified information on how to build a free energy generator. But can the program really make you achieve this?

does it work? will it be worth your investment, time and energy? all these questions and more are what this review on the ultimate energizer program seeks to help you find answers to.

The ultimate energizer review – is it worth it?

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About The Ultimate Energizer guide

The ultimate energizer is your ultimate guide to building your own alternative and portable energy source to power up any of your household appliances including refrigerators and aircon units. It is a very affordable way to having an emergency generator that can help you save more than 50% from your electricity bills without spending too much on other alternative energy source like solar panels or wind turbines which is costly and will also need a lot of space.

The ultimate energizer causes you to be calm about the electricity bill. This well ordered guide shows you how to manufacture this claim “home energy gadget” today impeccably. This will dispose of your energy charge ensured.

It is lost to the earth which means we need to really take care of it in order to reduce the cost of energy bills which introduces the ultimate energizer guide.

About The Ultimate Energizer Creator

The creator of the complete the ultimate energizer guide is steven perkins. He found the journal of the founder of this technology in his home when his father shifted near quebec city in canada.

In this post, we will review the ultimate energizer whose creator claimed to offer a way through which you can generate non-stop current. According to the author, you can drop down your electricity bills by 80%.

Of course the ultimate energizer owners provide resources. But the truth is that you are a master creator. All of them have that talent in us. The only difference is the extent to which it is hidden in each of us.

Features of The Ultimate Energizer

The features of the ultimate energizer guide are as follows:-. This program guide will help you to design a the ultimate energizer generator which will follow the rules of linear induction motor which is built around a track that is orbicular to maintain the smooth motion of rotors that are transportable.

You can find here, a extensive review which highlights all the important features and performance criteria of the ultimate energizer. Use of the the ultimate energizer is very easy since all of the functions can be accessed in a short time; you have complete control over it. 100% money back guarantee shows that the ultimate energizer really works. The ultimate energizer gives full customer support for 7/24/365, also, features, credibility and the ultimate energizer’s ease of use are favorably satisfied by the buyers.

Use it on any electrical appliances from small clocks to big plasma tv screens, refrigerators, and air conditioners. Power the cabins while hiking to the mountains or camping. Other essential features of this complete the ultimate energizer are that it is easy to assemble and does not require a technical background to master engineering.

Pros and Cons of The Ultimate Energizer

I’ve created this honest ultimate energizer review to help you make a well-informed decision. I’ve tested it myself and now i’m going to share with you all the key aspects you may be interested in: how does it work? is it really so powerful and effective? what are its pros and cons?.

It is non-polluting. It remains popular the ultimate energizer guide pros & cons because it is both a renewable and clean source of energy. Harnessing solar energy is more than a fine idea it’s currently a reality in thousands of homes in a lot of nations around the world.

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On the review of the ultimate energizer guide, we will be looking into what exactly the program is all about, the details of the energy generator program, the benefits, pros & cons and our conclusion on the program.

Does The Ultimate Energizer really work?

The device is usable during emergencies. It works without fuels and therefore there are no expected fumes. It is weather proof. Cons of the ultimate energizer. You can only download the program from the official website.

But the ultimate energizer reviews that are available from real users online on platforms like google and youtube seem to confirm that the device does indeed work. So, as per my ultimate energizer review answer to the question is the ultimate energizer legit? is definitely yes.

The ultimate energizer guide. The ultimate energizer is said to work for your home and cut electricity by 82%, guaranteed by tomorrow. The ultimate energizer reviews. It can boost any type of electricity by as much as 5 times.

Advantages of The Ultimate Energizer Program

The program can benefit you in many ways. Below we are listing the advantages of using the ultimate energizer program for generating electricity:. This device will help you save up to 60%-70%, without investing money in solar panels which can cost you a lot of money.

There are additional the ultimate energizer guide program advantages too, including advantages at tax time, so do your homework on what you might have for being a solar power pioneer contributed back.

Why The Ultimate Energizer is Useful?

The ultimate energizer is a complete guide and blueprint. With it, you get everything you need to know to build your own free energy generator. This generator can be completed for less than $50 if you have some tools already. But i remember reading another review of the ultimate energizer, and the guy said he took days. Maybe he was crafty. Then, you assemble it and get it to work.

You will be guided step by step, that anybody who can read can build it. You do not need prior building experience or massive strength; it is that easy. Building the ultimate energizer takes under 4 hours if you are slow and definitely a lot less when you have help.

The ultimate energizer has already changed the lives of over 30,000 families who chose to power their homes using this eco-friendly device. This is definitely a good investment that is worth your time and money and if you think it isn’t after trying it out, you can request for a refund.

Is The Ultimate Energizer a Scam?

The ultimate energizer guide really show you how to power your house and save tremendously, or is this just another overhyped scam? this system was created after its owner decided he wanted to have a home power generating system in case of any crises or disasters.

The ultimate energizer pdf. It does not need any conventional electric power. The ultimate energizer scam. In this program, you can also build more generator and sell for profit. This product can also be incorporated into the automobile to power an electric motor.

All you need is an open mind and a desire to try new things to get a life in the field of freedom of energy. So, what are you waiting for? it’s time to say goodbye to major energy companies and start using the ultimate energizer guide today.