Monday, August 6, 2012

When Good Intentions about Consumer and Country Debt YouTube video delivers the wrong message.

It seems to me that this video is warning everybody that the countries of the world better pay their debts before there is a global economic failure.

If the entire world is in debt, then just whom are the world's countries in debt to, martians? It would appear that most of the world's debt is held by a select few elitist billionaires and trillionaires. 

Otherwise, if countries owned each other's debt, they could just cancel out each other's debt, no?  If all of this debt is owned by elitist billionaires and trillionaires, then Debt Neutrality would be an excellent way to reign in uncontrolled deficit spending, no?

Please sign the Debt Neutrality Petition at Change dot org. The Debt you save may be your own. And don't forget to like Debt Neutrality on Facebook.

Please consider viewing and then signing the Debt Neutrality Petition by clicking here.

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