What Deleveraging? Global Leverage Continues To Break Records
by Jesse Colombo Since the end of the Great Recession, I have been warning that our economic recovery (both U.S. and global) isn’t a genuine recovery because it’s driven by debt and the inflation of new economic bubbles. I’ve been calling it a “Bubblecovery” or a bubble-driven economic recovery. We’re repeating the same mistakes that led … Read more