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via @CantillonCH: China’s Banks Have a Hidden Wave of Bad Debt Factor in the amount of soured loans they stripped from their balance sheets last year, and the situation looks a … Read more
–> Derivative Market: $532T–> Global Debt: $247T–> U.S. National Debt: $21.2T–> Real Estate: $217T–> All Money: $95.7T–> Physical Money: $43.2T–> Stock Markets: $77.7T–> Gold Market Cap: $7.8T–> Cryptocurrency Market Cap: … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Grand Collapse in Turkey; to avoid the same fate, Argentina hikes rate to 45%. On Monday, Argentina’s central bank responded to the currency chaos in Turkey … Read more
by Michael Snyder In a way, I feel very sorry for Brett Kavanaugh right now. This Senate confirmation process is going to be like going to a proctologist every single … Read more
by Martin Armstrong COMMENT: You were here in Brussels a few weeks ago. Suddenly, the ECB is talking about the need to merge the debts to prevent a crisis. So your … Read more
by Martin Armstrong QUESTION: If governments have been borrowing without limit since world war 2, are you saying that there is some line that is cross in debt to GDP … Read more
For debt: www.vertex42.com/Calculators/debt-reduction-calculator.html It is good, you can custom prioritize the loans or use a preset method with a base payment amount then you can add additional payments of … Read more
by Egon von Greyerz Is this it? Is the bull market finished and the good times over? Well, they could very well be. We are looking at a world which … Read more