Janet Yellen’s $200-Trillion Debt Problem
by Bill Bonner of Bonner & Partners
ZeroHedge.com
Jun 21, 2016
More than $10 trillion of government bonds now trade at negative yields. And another $10 trillion or so worth of U.S. stocks trade well above their long-term average valuations. And there’s more than $200 trillion of debt in the world – with about $60 trillion added since the global financial crisis. All of this sits on the Fed’s financial applecart. Does Janet Yellen dare upset it? Nah. It will have to upset itself.
The Rest…HERE
