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It's not new, anyone that knows or has a tiny little interest in economic theory knows that there's a lot more money (bills, credit, obligations, bonds and so on) that the total actives on Earth. At beginning of 90s it was 9x, so I assume now it must be more than 20x. That's one of the explanations of last year economic crack, and that's why all serious economists predicted a really hard situation coming up within the next 10 years. Most of the money out there is just painted paper with no backup at all.
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This post is endorsed by CIA, KGB, MI6, the Mafia, Illuminati, Kim Jong Il, Worldwide Ninjas Association, Klingon Empire and lolcats. Don't mess around with it, just accept it and embrace the truth
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