$A QUADRILLION HERE A QUADRILLION THERE$

$A QUADRILLION HERE A QUADRILLION THERE$

Pretty soon your talking about real money. Times have changed. When that quote was first used, courtesy of Yogi Berra, he was probably talking millions. The world, according to Egon Von Greyerz, is TWO QUADRILLION in debt.  While being interviewed on Greg Hunters popular USA WATCHDOG.COM.  (Which for my money is the best place to stay informed on the web.)  Egon said that the world has TWO QUADRILLION in debt and liabilities.  With a global GDP of only SEVENTY TRILLION.  With debt THIRTY x global GDP.  Let's try and put that in pespective.
1000 million = Billion
1000 Billion=Trillion
1000 Trillion=Quadrillion
So pretend you owe 30 x more than you make in a year.  Say you have an income of about 30,000 dollars and you owe about 1 million dollars.  It would take all of your working life to pay it back.  No matter how good your intentions it's not going to happen! There are two possibilities and that's not one of them.

 NUCLEAR OPTION NO.1

Nuclear option no. 1 Just don,t pay the money back and keep the 30,000 grand.  Why should you care!  Here's why.  The world as we know it runs on credit & debt.  If we have enough default (non-payment) or debt destruction.  It comes at a price of it's own.  The world stops running.  Even though it may feel like the world and yourself are on a treadmill going nowhere.  It may not be a good idea to stop.  If you stop running, your not just going to slow down, you go backwards on that treadmill, fast!

PLETHORA OF PROBLEMS

As a small test try not paying your electric bill this month.  theNot only will the lights get shut off, the food won't get cooked and the laundry won't get done.  Food in the freezer goes bad, you'res late for work and you lose your job!  A plethora of problems.

 NUCLEAR OPTION NO.2

Another option if you are fortunate enough to own a printing press.  A legal money printing press that is, as most central banks around the world do, you can just print the money to pay your bills.  That also comes with a price which we'll discuss next week.

THE TIMES OF SAND ARE RUNNING OUT!!!

In a book written by Vince Beiser "THE WORLD IN A GRAIN: THE STORY OF SAND AND HOW IT TRANSFORMED CIVILIZATION".  Hows that for a catchy title.  This book will either put you to sleep or keep you awake all night, depending on your view.  According to Vince, sand is in short supply, as if we don't have enough to worry about. (We don't worry, we just like to stay informed of the facts).  At least the right kind of sand.  Meaning construction sand, you see construction sand has sharp edges.  Desert sand think sahara has round edges from being blown about since the time of sand began.  Sharp edge sand comes from river beds and beachs. Construction sand needs sharp egdes so it bonds together for strength.

40 BILLION TONS ARE CONSUMED 

By world demand each year in sand and sand based products.  Consider Dubai which is surrounded by an ocean of sand.  It imports sand from Australia for building purposes. (kind of like selling ice to an eskimo).  In the believe it or not catagory - they also use it for building beaches.

CONSUMPTION HAS INCREASED

China has used more concrete between 2011 and 2013 than the U.S. did in the entire 20th century.  HOW is this possible.  Could it be there is a connection between our 2 QUADRILLION in debt and our increased consumption of resources.

MAKES YOU WONDER

Could it be we have other resources  similarly affected by this 2 QUADRILLION debt monster.  As always we are left with more questions than answers.  If you have any thoughts on this subject please put them in the comment section and share this article.

This is Papa Randy and I am

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