{"id":23059,"date":"2017-03-02T22:01:39","date_gmt":"2017-03-03T03:01:39","guid":{"rendered":"http:\/\/olduvai.ca\/?p=23059"},"modified":"2017-03-02T22:01:51","modified_gmt":"2017-03-03T03:01:51","slug":"march-2017-the-end-of-a-100-year-global-debt-super-cycle-is-way-overdue","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=23059","title":{"rendered":"March 2017: The End Of A 100 Year Global Debt Super Cycle Is Way Overdue"},"content":{"rendered":"<div class=\"post-headline\">\n<h3><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/march-2017-the-end-of-a-100-year-global-debt-super-cycle-is-way-overdue\">March 2017: The End Of A 100 Year Global Debt Super Cycle Is Way Overdue<\/a><\/h3>\n<\/div>\n<div class=\"post-bodycopy clearfix\">\n<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/march-2017-the-end-of-a-100-year-global-debt-super-cycle-is-way-overdue\/global-debt-super-cycle-public-domain\" rel=\"attachment wp-att-11862\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-11862\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2017\/02\/Global-Debt-Super-Cycle-Public-Domain-460x328.jpg\" alt=\"Global Debt Super Cycle - Public Domain\" width=\"460\" height=\"328\" \/>March 2017: The End Of A 100 Year Global Debt Super Cycle Is Way Overdue<\/a>For more than 100 years global debt levels have been rising, and now we are potentially facing the greatest debt crisis in all of human history.\u00a0 Never before have we seen such a level of debt saturation all over the planet, and pretty much everyone understands that this is going to end very, very badly at some point.\u00a0 The only real question is when it will happen.\u00a0 Many believe that the current global debt super cycle began when the Federal Reserve was established in 1913.\u00a0 Central banks are designed to create debt, and since 1913 the U.S. national debt has gotten more than 6800 times larger.\u00a0 But of course it is not just the United States that is in this sort of predicament.\u00a0 At this point more than 99 percent of the population of the entire planet lives in a nation that has a debt-creating central bank, and as a result the whole world is drowning in debt.<\/p>\n<p>When people tell me that things are going to \u201cget better\u201d in 2017 and beyond, I find it difficult not to roll my eyes.\u00a0 The truth is that the only way we can even continue to maintain our current ridiculously high debt-fueled standard of living is to grow debt at a much faster pace than the economy is growing.\u00a0 We may be able to do that for a brief period of time, but giant financial bubbles like this always end and we will not be any exception.<\/p>\n<p>Barack Obama and his team understood what was happening, and they were able to keep us out of a horrifying economic depression by stealing more than nine trillion dollars from future generations of Americans and pumping that money into the U.S. economy.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>March 2017: The End Of A 100 Year Global Debt Super Cycle Is Way Overdue March 2017: The End Of A 100 Year Global Debt Super Cycle Is Way OverdueFor more than 100 years global debt levels have been rising, and now we are potentially facing the greatest debt crisis in all of human history.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[124,14925,195,4106,14926,14927,3461,14928,5983,364,7069,10474,14929,14393,4901,12026,14930,11189],"class_list":["post-23059","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-create-debt","tag-debt","tag-debt-crisis","tag-debt-saturation","tag-debt-creating-central-banks","tag-debts","tag-drowning-in-debt","tag-economiccollapseblog","tag-global-debt","tag-global-debt-levels","tag-global-debt-super-cycle","tag-greatest-debt-crisis","tag-in-debt","tag-michael-snyder","tag-the-federal-reserve","tag-the-greatest-debt-crisis-in-human-history","tag-the-u-s-national-debt"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/23059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23059"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/23059\/revisions"}],"predecessor-version":[{"id":23061,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/23059\/revisions\/23061"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}