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RE: Basel and the Financial Sector

in #worldmappin7 months ago

Thank you so much for your nice feedback and I’m glad to see that you’re also thinking about the topic. In recent weeks, I have also been very concerned with the US debt, which increases by 10 billion dollars a day. The sums to pay off the debts do not come from the real economy but from refinancing, which means that new loans area created to pay the old ones. It’s a sensitive topic, I just made a statistic for you :) USA is paying 2.6 Billion each day to pay the debt, but as mentioned, the funds come from refinancing. There are many things to adjust in this system and to improve economy! Wish you a great week dear @thebighigg

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