Josh Sigurdson talks with author and economic analyst John Sneisen about the concern raised by credit ratings firm Moody’s regarding national debt in the Eurozone.
There are many things wrong with Moody’s, but when Moody’s predicts bad news, the news is usually worse.
As John goes into, the private debt to GDP in these countries is hitting catastrophic levels and it’s no surprise. The entire EU complex was built around the agenda of bankrupting the populace. A Populace in debt is a populace in servitude.
The charts say it all, there is some seriously turbulent waters to come. This is why people must be self-sustainable and financially responsible. Protect your wealth. Don’t be dependent!
Stay tuned as we continue to cover this issue!
Video edited by Josh Sigurdson
John Thore Stub Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
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