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Monday, September 29, 2014

Watchman News Mass default looms as world sinks beneath a sea of debt


As if the fast degenerating geo-political situation isn’t bad enough, here’s another lorry load of concerns to add to the pile.




The UK and US economies may be on the mend at last, but that’s not the pattern elsewhere. On a global level, growth is being steadily drowned under a rising tide of debt, threatening renewed financial crisis, a continued squeeze to living standards, and eventual mass default.


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