The global “credit card” is over its limit.

Do not confuse the state of the stock markets with the state of the global economy.

Any idiot can print money – and over the last eight years it would appear every idiot has.

Back in 2007 I wrote about the global debt passing $140 trillion. That’s the total global debt which comprises: 1. Household debt 2. Government debt 3. Corporate debt 4.Financial debt.

Of that $140 trillion, global household debt in 2007 was around $33 trillion and global government debt was about the same. We discussed the problems of paying back such huge amounts and the idea that you cannot pay off one debt by creating another debt that was even bigger. You really don’t need to have any special qualifications to understand that one.

But since then the matter has got much worse thanks to endless rounds of quantitative easing (money printing) by the central banks.

Global debt spirals out of control

Here we are some eight years later and total global debt has increased to, gulp, 200 trillion dollars. No wonder the Greek crisis got swept under the carpet.

Of that $200 trillion, household debt has increased from $33 trillion to $40 trillion – roughly a 20% increase over the last eight years.

Meanwhile, government debt has increased from $33 trillion to nearly $60 trillion. An increase of around 82%.

We may not know how long this stupidity can continue but we do not it is an unsustainable model. The bigger the debt becomes the bigger the crash that will follow. Everything you have learned over the past seven years about protecting yourself from government stupidity is even more relevant today than it was seven years ago.

Global debt is beyond repayment – protect yourself while you still have time

Use all the skills you have learned over the past seven years to diversify your assets and protect yourself from what have been described as the most dangerous nine words you will ever hear – “I’m from the government and I’m here to help”.



  • At £100 to double-you’re not really competing with large scale seasoned professionals.

    Once you go down the doubling numbers you begin to compete in effect with institutions and or Goverment policy etc(as that kind of continual doubling becomes an Intrest to the other 7 billion people and stated Goverment)

    As a result-after a handful of these ‘doubling’ moves…the ability and time and competing positions from other investors and said governments etc just make the ability a compounded hardness.

    Hopefully as we become more sophisticated we can enjoy these posts but realise they are like any other headline….attention seeking!

    • I’m afraid that none of that is even remotely true, Gerry. Remember, DYWTAM was written by not one, but two, multi-millionaires using these very techniques. I suspect that you’ve been ripped off in the past by the many “get rich quick schemes” that are out there. That’s a real shame. Having done all of the fourteen levels myself, (and I watch others do the same every week), I feel highly qualified to disagree with every single one of your comments. If you’re not rich now then you have to change your thinking if you want to make serious money. Here’s the thing; “If you keep doing what you’ve always done – you’ll keep getting what you’ve always got”. Stop and think about that for a minute. I don’t know if you live in a two million pound house but if you don’t, here you are telling someone who does that this won’t work. Really? The DYWTAM Programme is a genuine no-nonsense guide on how to become a millionaire – and absolutely anyone can do it.

  • Barry, is it only 10 issues of Double your way to a Million? A friend of mine who is interested wants to know, thanks.

  • hi barry i am interested in your horse racing course and your recommendation of using isiris,i understand kevin booth has resigned from isiris do you still recommend we use this company still thank you,and also i notice on your websitethat it is still dated 2017 .

    • Good question. I have not used the Isiris service recently. I had a brilliant 11 year run but eventually I got closed down by all the bookmakers. I guess that’s a real sign of success but it was fun to do and I actually miss it. I did not know that Kevin had actually retired but I understand that the results this year have been extremely good. Maybe regular readers who still use Isiris can update me on that one and let me know how they are doing.

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