The Financial System Is Breaking Down At An Unimaginable Pace…”So this trend will continue to grow for now, until, just like in 2008, the bubble bursts in cataclysmic fashion.”

by Simon Black via SovereignMan.com,
ZeroHedge.com
Jul 19, 2016

Now it’s $13 trillion… the total sum of negative-yielding debt in the world has increased in the last sixteen days alone by an amount that’s larger than the entire GDP of Russia. And just like the build-up to the 2008 subprime crisis, investors are snapping up today’s subprime bonds with frightening enthusiasm. So this trend will continue to grow for now, until, just like in 2008, the bubble bursts in cataclysmic fashion.

The Rest…HERE

This entry was posted on Tuesday, July 19th, 2016 at 2:07 pm and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.