We Had To Set This All-Time Record Before The Devastating Global Collapse
KingWorldNews.com
August 07, 2017
We had to set this all-time record before the devastating global collapse.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” — Ludwig von Mises
The Calm Before The Storm
August 7 (King World News) – Here is what Peter Boockvar noted as the world awaits the next round of monetary madness: Well, it finally happened. Revolving consumer credit (mostly credit cards) outstanding in June finally exceeded its April 2008 high. See chart below.
REVOLVING CREDIT OUTSTANDING HITS ALL-TIME RECORD!
The Rest…HERE
