‘Attack of the debt tsunami’: Coronavirus pushes global debt to record high
The IIF said global debt would break new records in the coming months to reach $277 trillion by the end of the year. Among advanced nations, debt surged above 432%
The IIF said global debt would break new records in the coming months to reach $277 trillion by the end of the year. Among advanced nations, debt surged above 432%
The funding of huge European sovereign debts is facilitated by the #ECB policyBut the bill is somewhat paid by the saving householdsFor example, from 2009 to 2020 the cumulated loss
I just went through Lin Wood's 188 page Georgia filing and posted some of the highlights I saw as fast as I could. This filing is complete with sworn affidavits,
from Kerry Lutz’s Financial Survival Network Dr. Jerome Corsi is back… The U.S. dollar has joined other major currencies in a race to zero value as central banks are failing, unable to
by John Ward The Great Barrington Reef may not sink SS Pharmafia, but a Brexit sellout will drown BoJo …..AND THE RUMBLING ECONOMIC VOLCANO THAT SET OFF THE TSUNAMI WAVES IS
by Michael Snyder A giant tsunami along the west coast has been very heavy on my heart for the last 24 hours, and then when I saw a new Fox News
This is the Yangtze River flooding in China. It looks just like a tsunami. AC
by Michael Snyder We live at a time when giant space rocks are whizzing past our planet with alarming regularity. Sometimes we know in advance that they are coming, and
“mega bankruptcies” right out of the article. “insolvency risk”, “inevitable reckoning”, and so many other quotes. All so important to understand why. Why is this happening? Why would the stock
by Charles Hugh Smith via Of Two Minds Once the pool of greater fools dries up, stocks crash regardless of what the Fed does or bleats. The conventional view is the Federal Reserve creating trillions
Elderly people are at greatest risk from Covid-19, and an alarming picture is emerging from care homes across Europe. There’s been a surge in mortality rates, but the numbers are
Markets experience a junk tsunami: The pace of rating downgrades has materially accelerated over the past few weeks. Amount outstanding of newly minted fallen angel bonds has jumped to $149bn
At first the protests and now the coronavirus collide with the World’s Most Expensive Property Market. By Nick Corbishley, for WOLF STREET: The world’s most expensive housing market in terms of affordability
Josh Sigurdson talks with Tim Picciott of The Liberty Advisor about dire warnings by people like Jim Rickards regarding the debt tsunami which in Rickards’ opinion could upend the economy.
Photo by Wikimedia.org| CC BY | Photoshopped From Birch Gold Group At some point, an economic problem deepens so much that the piper has to be paid. Both in the U.S. and globally, one of those
by The Phoenix For those who have been following us the last few weeks, our running forecast is that the markets are entering another bullish stage. The driving force for markets