"“With $280 trillion of world debt and $1.5 quadrillion of derivatives, this will lead to a collapse that will take the world back at least 50 years and maybe even further. Governments and central banks are totally aware of the deflationary risks. That’s why they have printed and created tens of trillions of dollars, and lowered interest rates to zero..."
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/29_$280_Trillion_Debt,_$1.5_Quadrillion_Derivs._%26_A_Gold_Squeeze.html
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