OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Has anyone seen this report?
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyToday at 1:51 am by NanneeRose

» 36 Million Families to Stop Receiving Monthly Child Tax Credit Payments in January
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 6:11 pm by bigdog2aton

» Mysterious town in Japan is obsessed with UFOs and aliens
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 1:31 pm by PurpleSkyz

» Martin Luther King, Jr. I Have A Dream Speech
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:20 pm by PurpleSkyz

» Myocarditis Tops List of COVID Vaccine Injuries Among 12- to 17-Year-Olds, VAERS Data Show
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:14 pm by PurpleSkyz

» Non-Jabbed Father Stripped of Visiting Rights by Judge
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:11 pm by PurpleSkyz

» Dangerous M6.6 earthquake hits off Java, Indonesia
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:08 pm by PurpleSkyz

» Life insurer refuses to cover vaccine death
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:01 pm by PurpleSkyz

» Dr. Sam White Interview – Doctors Are Being Suppressed, Censored & Attacked For Telling The Truth
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 11:32 am by PurpleSkyz

» American Students Organize Classroom “Walk Outs” To Demand Return To Remote Learning
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 11:27 am by PurpleSkyz

» 15-Year-Old Soccer Player from Brazil Dies from Cardiac Arrest Following National Football Cup Tournament Game
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:34 am by PurpleSkyz

» Route 91: Uncovering the Cover-Up of the Vegas Mass Shooting
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:21 am by PurpleSkyz

» COVID-19 Vaccines: Scientific Proof of Lethality
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:17 am by PurpleSkyz

» Open Letter to Steve Kirsch
GERMAN DEBT CLOCK GOES INTO REVERSE EmptyYesterday at 12:14 am by PurpleSkyz

» New Normal: Former Malaysian Professional Football Player Dies of Heart Attack 5 Days After Receiving COVID-19 Booster Shot
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 4:10 pm by PurpleSkyz

» Hundreds of Thousands Protest ‘New World Order’ in France as COVID Narrative Crumbles
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 12:58 pm by PurpleSkyz

» The Full Extent of Jeffrey Epstein’s Crimes Are Slowly Being Revealed
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 12:50 pm by PurpleSkyz

» Japan Drops All Vaccine Mandates, Places Myocarditis Warning on Label
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 12:42 pm by PurpleSkyz

» Why Are Concrete Walls Being Constructed Around The White House?
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 12:36 pm by PurpleSkyz

» Q&A With Scientist Who Discovered Cannabis Can Prevent COVID-19
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 9:52 am by PurpleSkyz

» Tragic: 38yo Athlete Dies after Suffering Heart Attack During Swim Portion at Ironman 70.3 Pucon
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 9:48 am by PurpleSkyz

» Smoking Gun: Moderna Patented ‘Man Made’ SARS-CoV2 Gene Sequence in 2018
GERMAN DEBT CLOCK GOES INTO REVERSE EmptySun Jan 16, 2022 9:41 am by PurpleSkyz








GERMAN DEBT CLOCK GOES INTO REVERSE 4ccd9cb4-22af-4abe-a6c4-4d57fbce210b_zps8t6pdo1h

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » GERMAN DEBT CLOCK GOES INTO REVERSE

GERMAN DEBT CLOCK GOES INTO REVERSE

Go down  Message [Page 1 of 1]

1GERMAN DEBT CLOCK GOES INTO REVERSE Empty GERMAN DEBT CLOCK GOES INTO REVERSE Thu Jan 11, 2018 11:06 am

PurpleSkyz

PurpleSkyz
Admin

GERMAN DEBT CLOCK GOES INTO REVERSE - First Time Ever Since It Was Made 20 Years Ago




https://youtu.be/2s59UDZskrQ

GERMAN DEBT CLOCK GOES INTO REVERSE Photo
Elite NWO Agenda
Published on Jan 11, 2018


SUBSCRIBE for Latest Updates - https://www.youtube.com/user/elitenwoa... GERMAN DEBT CLOCK GOES INTO REVERSE - First Time Ever Since It Was Made 20 Years Ago Berlin’s campaign for fiscal discipline passed a small but symbolic milestone this week: for the first time in more than two decades, Germany’s closely watched “debt clock” is running backwards. The clock, which despite its name is more of a counter, was reprogrammed on January 1 to take account of new federal and state-level budget plans. It is now ticking down at a rate of €78 per second, the first time it has shown the nation’s overall public debt in decline. In 2009, following the financial crisis, it showed Germany’s debt increasing at a rate of more than €4,400 a second. The Schuldenuhr is maintained by the German federation of taxpayers (BdSt), and is on prominent display outside the group’s headquarters in Berlin. Until this week, its bright-red digits offered a cautionary reminder of Germany’s deteriorating fiscal position: since June 1995, when the clock was set up, per capita debt has risen from €12,830 to its current level of €23,827. More recently, however, it has totted up a steady improvement in the country’s public finances, with Angela Merkel’s government running a balanced budget every year since 2014. Germany’s booming economy means the next government is likely to enjoy a budget surplus of about €30bn over the next four years — prompting debate over whether the money should be spent on an increase in public investment or tax cuts. The reversal is reflected on the debt clock only now because its calculations are based on official budget legislation rather than on actual spending and borrowing decisions made by federal and regional finance ministers. Reiner Holznagel, BdSt president, said Germany was “on a good path” in terms of balanced budgets but insisted political leaders had to do more. “All these nice reports about surpluses and balanced budgets have made citizens believe that everything is fine on the debt front. That is not the case. We do not even fulfil the Maastricht criteria,” he said, in a reference to the EU-mandated goal to keep public debt below 60 per cent of economic output. With debt at 68.1% of gross domestic product, Germany is one of the few EU members that approach the 60% limit set in the of Maastricht, along with, Estonia, Luxembourg, Finland and the Netherlands. Meanwhile, France and Spain remain in the European Commission’s sights for annual budget deficits above 3.0% of GDP per year, meaning they are building up debt too fast under EU rules. In theory, both nations could face fines from Brussels if they fail to tighten the purse strings – although the Commission has never levied such a punishment, even on repeat budget sinners.



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum