World’s Biggest Ponzi Scheme Induced By Ben Bernanke Is Getting Ready To Explode
March 11th, 2013
Casey Research: An update on the coming “bond market crash”
This Ponzi scheme is getting ready to explode…
From Bud Conrad, Chief Economist, Casey Research:
It is my contention that the 70-year debt supercycle has come to an end.
To put the current financial situation in perspective, here’s a long-term history of the debt-to-GDP ratio, which reached a record high at the beginning of the current crisis. It was a dramatic change in 2009, unlike anything since the aftermath of the Great Depression.