http://www.oftwominds.com/photos2014/total-credit6-14.png
http://www.oftwominds.com/photos2014/usfed-balance-sheet6-14...
Read the whole thing: http://www.oftwominds.com/blogjune14/central-planning6-14.ht...
We are in a debt bubble propped up by massive central bank intervention all over the world. The intervention will fail at some point and well get a bout of deflation just like in 2008, only this time more severe.
http://www.oftwominds.com/photos2014/total-credit6-14.png
http://www.oftwominds.com/photos2014/usfed-balance-sheet6-14...
Read the whole thing: http://www.oftwominds.com/blogjune14/central-planning6-14.ht...
We are in a debt bubble propped up by massive central bank intervention all over the world. The intervention will fail at some point and well get a bout of deflation just like in 2008, only this time more severe.