Deutsche Bank: The Bubble Must Go On To Sustain The “Current Global Financial System”
by Tyler Durden
ZeroHedge.com
09/10/2014
“The bubble probably needs to continue in order to sustain the current global financial system and the necessary future deleveraging. However with yields moving ever lower in many parts of the world in recent times, partly due to weak growth, and with debt levels still moving higher, the chances are that most government bondholders are unlikely to achieve a positive real return over the medium to long-term from this starting point. Inflation or even the risk of sovereign restructuring will likely prevent this.”
The Rest…HERE
