Brace Yourself For The Quadrillion-Dollar Reckoning
Via MauldinEconomics.com,
ZeroHedge.com
Oct 14, 2016
“…debt is simply everywhere, at least to the extent we can see and measure it. Corporate and sovereign debt, of both the developed world and emerging market varieties, are at record levels. China’s debts certainly add to that record but who really knows to what extent? It’s the ultimate black box of leverage on Planet Earth… You cannot NOT worry about the Fed in this world…The simple truth is ending reinvestment would bring the bond market to its knees.”
The Rest…HERE