The Garbageman: Fed Rate Hikes Will Intensify Global Debt Crisis (NOW They Realize That Low-Rate Debt Is A Problem If Rates Rise??)
by confoundedinterest17 CNBC had an interesting Homer Simpson-moment when the Jubilee Debt Campaign suddenly realized that there was enormous debt outstanding, fueled by Central Banks and governments. They are only now realizing that Central Bank zero-interest rate policies leading to massive …