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World ‘has never been in as much financial debt’ as today

Sky News host Cory Bernardi says “the world has never been in as much debt” financially as it is today.

“For years we’ve now been told by economic ignoramuses that it doesn’t matter,” he said.

“Governments can print as much money as they needed to in order repay the debt.

“Anyone with any basic knowledge of history knows how the money printing eventually turns out – it always ends up with an inflation problem because there becomes too much cash chasing too few goods.

“The price of goods go up, the cash becomes increasingly worthless, and they keep printing bigger and bigger denominations of notes.”

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  1. <<Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions, Shirley Bagshaw has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get >burned.

  2. Another global financial crisis is looming.
    People will also eventually be “shocked “ out of the Climate Delusion by soaring energy costs and blackouts.
    This ridiculous popular delusion afflicts all levels of society including WEF members. Unfortunately the current Australian government is doubling down on this economically destructive delusional nonsense.

  3. President Putin and RUSSIA will make sure NOTHING of the wef agenda succeed. Not now , not in one hundred years. Now you know why the West hates him. Maybe not today, but one day you will thank him.

  4. Morrison could have closed the border, organized a slow ingress of people , controlled .
    Then built local production initiatives across the country , but he followed the WEF/UN .
    Morrison was a teenager ," a right wing version on a teen socialist".

  5. Pfizer stole all our money. All of our money world wide. Sent every government who went along with the scamdemic into billions of debt. Now we spend 100s of years paying it back. Why should anyone profit from a so called pandemic ? Is beyond madness.

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