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Toronto G-20 Protests, Police Car On Fire, And More

06-26-2010 • ZeroHedge.com

In other words, nothing will change, and eventually, when the entire world has over 5 times its entire GDP encumbered in real cash debt (as opposed to the $1.2 quadrillion in pseudo-metaphysical debt), and interest payments alone account for well over 30% or more of economic production, the G-20 might, just might, consider debt cutting approaches. In the meantime, initial protests which had been largely peaceful, quickly turned violent as over 30 arrests have been made in Toronto so far, coupled with burning police cars, the use of gas masks, and direct police-protest engagements.

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