Not only Europe is in debt, just as the federal government and local institutions in the U.S. is in debt up to our ears (Japan's debt should already now be mentioned in history books).
According to The Daily Reckoning the national debt reached $ 14'025 billion, or $ 140,252.00 per non-government workers . In states like Illinois and California (after all, the eight largest economy in the world) there is a big risk to their Gläbigern. .
Since vorübergehnde insolvency or saving are too painful, is the only way to inflation, which will melt the economic value of the debt.
A repository should contain a substantial proportion of precious metal.
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