Never before in history have we had a stretch like this without major economic and financial consequences...History has shown that every bubble bursts eventually, and when this bubble bursts, it is going to make 2008 look like a walk in the park.
Read More »The So-called Credit “Bubble” Will NOT End Soon! Here’s Why
The latest rage is writers saying that the current economic cycle is aging and we had better watch out as the ‘bubble’ will burst soon. NONSENSE. Here's why.
Read More »China’s Debt Binge & Buying Spree Is About to Burst! (+2K Views)
When it comes to reckless money creation, China is the king. Over the past five years Chinese bank assets have been fueled by the greatest private debt binge that the world has ever seen. Unfortunately for China (and for the rest of us), there are lots of signs that the gigantic debt bubble in China is about to burst, and when that does happen the entire world is going to feel the pain. Let me explain.
Read More »