“The Worldwide Credit Boom Is Over, Now Comes The Tidal Wave Of Global Deflation”

Tuesday, August 4, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/03/2015

When we insist that markets are broken and the equities have been consigned to the gambling casinos, look no farther than today‚Äôs filing by Alpha Natural Resources. Markets, which were this wrong on a prominent name like ANRZ at the center of the global credit boom, did not make a one-time mistake; they are the mistake. As it now happens, the global credit boom is over; DM consumers are stranded at peak debt; and the China/EM investment frenzy is winding down rapidly. Now comes the tidal wave of global deflation…

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter