Bankruptcy, the Solution for Global Debt, but No One Speaks About It.

• Like the article says, if you borrow too much and if the banker allowed the loan, both are at fault.
• So both sides have to come together and make a deal.
• Here in California, it is the only way out. The state cannot print money like the Feds. 
• The state can sell bonds.
• High risk, the state's revenue is being chased out by the Democrats.

Read more today, this explains debt and possible solutions. Read here at Business Insider by Henry Blodget.