The Everything Bubble Has Burst, the Fuse is Now Lit on the $250 TRILLION Debt Bomb
by The Phoenix The Everything Bubble has burst. The next crisis, the BIG one to which 2008 was the warmup, is fast approaching. During the 2008 crisis, the Fed did three things: Cut interest rates to zero making credit all but free for banks. Implemented large Quantitative Easing (QE) programs through which it printed $3.5+ trillion … Read more