SMH this day, a warning about the America stock exchange, very real fear it will collapse.
Too a warning Trump v China trade war may make world trade worse
every day in every paper warnings we may well be headed down.
No time to let optimism blind us

Belly, I thought personal debt was what you were referring to from the start. Government debt is not a problem at all, as we are a sovereign currency issuer.

As I said, interest rate rises don't just happen - they're a deliberate decision. The only problem they could possibly be a symptom of is inflation, though that tends to be low when the global economy is weak.

Of course there will be corrections, but corrections should not stop us from producing wealth. The same goes for weak stock markets.

Has anyone factored in the ghost cities of China into this scenario?
Over 50 cities built for million people each sitting empty. Why?
What agenda is behind such an undertaking?

This is the one piece on the chessboard you should be paying attention to.
http://youtu.be/3mRc04XmkPI

Aiden one of the things Trump promised before being elected was to get America out of debt
You no doubt know just how much money that country printed to just keep it going
One day, the only way I can see, would be after a financial crisis all world debt being forgiven
As a start to a new beginning
My intention was all forms of debt, we are not in control of our country,s, see however Greece Italy Spain, others too in the EU
Our personal debt is not sustainable.
Low interest rates can not be forever
The Sky may not be falling but keep your eye on it

Armchair,
China's economy is highly speculative. Indeed in some ways it's a bit like Australia's in the late 1980s - but if the Chinese Communist Party ever try to implement Paul Keating's solution it would literally trigger a revolution!

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Belly,
Eurozone countries (including Greece, Spain and Italy) are not sovereign currency issuers. They surrendered their sovereignty to the European Central Bank, and now have limited credit.

I was a supporter of Jubilee2000 and the subsequent campaign to cancel the debt of poor countries. It was only later I learned the real cause of the problem: fixed exchange rates prevented countries from creating enough of their own money, so they had to borrow money from other countries instead - sometimes with disastrous results. Yet still many poor countries maintain pegged currencies.

Whether our personal debt is sustainable depends mainly on how much we will earn in future. But low interest rates can be for ever if we (as a nation) decide they should be.

As for what Trump promised... did you actually believe him?

Aiden nothing Trump says can be believed, in the end he is a business man, a corrupt one at that
Printing more money is no answer once the gold standard ensured a base it no longer does
Financial pages, every day, warn us stocks are over priced,housing markets continue to fall
Those who bought in at the peak may already be in trouble if they wish to sell.