by Anonymous
(USA)
Based on the amount of debt amassed by countries all over the world, I believe more and more are going to default. They cannot pay the debt. Besides, it's just a shell game. Some country pays it's debt to another country who then pays their debt with it. (Even China is acknowledging a bubble in their economy and they DO have debt.)
At some point I believe that the entire world must forgive all debts (countries all the way down to the individual) and we need to start over with clean slates.
Of course, the danger is that if the entire world doesn't give up our borrow-into-prosperity beliefs, this crisis will happen all over again.
Humans are incorrigible.
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