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

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’s 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

This entry was posted on Tuesday, August 4th, 2015 at 9:22 am and is filed under Economics, Energy, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.