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This chart pretty much tells the tale. Excessive debt is now being unwound in every asset class especially in failing assets that can no longer service debt. In other words the worldwide Ponzi scheme of borrowing more and more to service greater and greater debt is ending.
Should we buy guns, ammo, canned food, gold and silver?
it is already damn near impossible to find quality .22 caliber ammo on the shelves . while that has become near impossible everywhere , good ammo in other calibers is getting scarce and more expensive if you find it
There’s been endless speculation in recent weeks about whether the U.S., and the whole world for that matter, are about to sink into recession. Underpinning much of the angst is an unprecedented $29 trillion corporate bond binge that has left many companies more indebted than ever.
...
The emerging cracks “are part of the same symptomatic problem -- an economy that’s got stuck on stimulus,” said Luke Hickmore, an Edinburgh-based senior investment manager at Aberdeen Asset Management, with about 284 billion pounds ($406 billion) of funds under management, according to its website. “It’s not sustainable.”
World Debt continues to rise faster than GNP. Ready to explode again just as it did twice in the recent past. Notice the expansion of corporate debt used to buy back stocks. The usual game. Of course when 2015 numbers are reported it will be much worse which is why NIRP is being instituted to steal money from savers in order to support this Ponzi Scheme.
World Debt continues to rise faster than GNP. Ready to explode again just as it did twice in the recent past. Notice the expansion of corporate debt used to buy back stocks. The usual game. Of course when 2015 numbers are reported it will be much worse which is why NIRP is being instituted to steal money from savers in order to support this Ponzi Scheme.
Isn't that some horse crap?
Corporations received all that free money courtesy of the FED, and all it led to was more mergers/acquisitions and stock buy-backs. Very little of it went into productive business investment, not to mention employee wages/salaries.
Corporations received all that free money courtesy of the FED, and all it led to was more mergers/acquisitions and stock buy-backs. Very little of it went into productive business investment, not to mention employee wages/salaries.
Almost nothing went to growing the economy, hence the pathetic growth which is the worse post-war recovery in history. The Fed just took money from workers and savers and handed it over to Bankers and CEOs so that they could be multi-Billionaires. In exchange, the Fed gets choice seats at a hedge fund and the adoration of everyone who shared in the theft.
it is already damn near impossible to find quality .22 caliber ammo on the shelves . while that has become near impossible everywhere , good ammo in other calibers is getting scarce and more expensive if you find it
And they are trying to shut down mail order ammo delivery.
Corporations received all that free money courtesy of the FED, and all it led to was more mergers/acquisitions and stock buy-backs. Very little of it went into productive business investment, not to mention employee wages/salaries.
That's why a good fiscal policy is needed in conjugation with monetary policy. We should be on a decade(s) long, multi-trillion dollar infrastructure spree. However, certain partisan types on Congress are allergic to spending money on smart things.
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