I saw a news article that the total worldwide debt is $150 trillion. Wow. Just...wow.Another article (I got curious) says that the worldwide wealth (all forms) is $291 trillion. Of that, I suppose that $150 trillion in debt shows up as an asset, too, so maybe the net worth of the whole world is about $140 trillion. (?)The numbers are so high that they become meaningless.To compare, there are 3 trillion trees on Earth. If you valued each tree at $5, you'd have a visual representation (sort of) of the value of all that is (in economic terms).I just thought it was interesting.
Brother Tim, This is interesting as a few years back (when AIG posted several trillion in debt) I looked into it and found what appeared to be that the debt on record actually exceeded the face value of all currency in circulation which itself is telling...Earlier this year I stumbled upon a series done in 2011 by a Scottish brother called "Know your enemy". It's a biblical perspective on multiple topics including the use of debt as a resource. I'm sure you could find it on YouTube, and while it's a total of probably 10 hrs, it's broken up by topic into 8-15 min segments which I found very informative. I'm wondering if any other saints had viewed these and had an opinion on their contents ?