It was a simple question Short.
All it required was a simple answer: bored or desperate? But if you are waiting for the world's $341 trillion debt bomb to explode before answering, that could take another couple of years, that is: when the world's debt formation rate becomes equal to the currency it has in circulation. From that point there will begin a massive liquidity crisis that will initiate the cascading default of some $400 trillion in debt. Then no one will care!
So...my question is: when does a specific hydrogen atom in the universe take another electron into its orbit?
As soon as Bernie Sanders gets elected. Or, in other words, not very often. QM is one of those fuzzy little things that everyone talks about, and no one can quit figure out. If electrons can appear from no where, why don't we get the occasional pumpkin pie? Discounting reality to produce reality puts QM on the border of known reality. If reality takes the form of a normal distribution, we may be on the tail.
47% Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. Historyhttps://www.zerohedge.com/personal-fina ... us-historyCorporate debt is up a whopping 52 percent since 2008, and this bubble is continually growing.
And actually the 10 trillion dollar figure is the most conservative number out there. Because if you add in all other forms of corporate debt, the grand total comes to 15.5 trillion dollars. The following comes from Forbes…
Total corporate debt is actually much higher. Adding the debt of small medium sized enterprises, family businesses, and other business which are not listed in stock exchanges ads another $5.5 trillion. In other words, total US corporate debt is $15.5 trillion, 74% of US GDP.
Ackerman contends, “I am a little more bearish than that. I see a Mad Max scenario as inevitable. . . . I try not to think about it because we’ve all got lives to live and kids to raise. . . . When you go back to the calculous of deflation and that every penny of every debt must be paid, if not by the borrower then by the lender, we have already put ourselves into a condition where Social Security is going to fail. Medicare is going to fail. All the ‘just-in-time’ deliveries are going to be in jeopardy. Food from the grocery stores, one day shipping from Amazon, I don’t see how all these things can continue to operate in a condition other than in the false prosperity that we have now. We are at the pinnacle of affluence.”

The world has $341 trillion in total debt outstanding, and the debt growth rate is following petroleum's depletion perfectly. The debt growth is equal to the rate at which we are consuming existing assets to keep the economy working; we are eating our seed corn at a frantic rate to keep the economy's wheels turning. When the debt implodes civilization as we know it will end, and the energy will not be there to rebuild it. The world has not been able to replace its conventional reserves that it is using in more than 20 years, and the last little bit remaining is rapidly being exhausted. The greatest civilization that the world has ever known was build on oil; the greatest collapse the world will ever see will result with its ending. Once all this begins to disintegrate it will feed on itself like a ravenous monster. We foolishly acted like it was going to last forever. Those who survive will know, without a doubt, that it didn't!
The legends of a once great civilization will live on like the stories of Atlantis for a 1000 years.
