$100 Trillion: Bank Error in Whose Favor?

« Members of the 2011 World Economic Forum attend a session called “What Is the New Economic Reality?” in Davos on January 26.
(Fabrice Coffrini/AFP/Getty Images)

The banksters at the Davos World Economic Forum are at it again.

 

One headline says it all: “World Needs $100 trillion More Credit, Says World Economic Forum.”

Yes, that is a “T” as in trillion. No typo.

If the world is to continue growing over the next decade, banks will need to create $100 trillion to lend to people, say the experts at Davos. They will need to double the total global existing supply of debt.