Loading ...Mon, 08/20/2018 – 09:13 Permalink
what retard writes this drivel?
1. “The debt cycle is on pause as first China and now the US have deleveraged and ‘normalised’.”
The US will monetize 1.2 T of federal debt alone, plus close to another half T of state and yocal debt. Plus we run over a T trade deficit… Over 2.5T a year of going in the hole, and we have Deleveraged? Is this just some algo with a dictionary stringing buzzwords together?
https://www.zerohedge.com/news/2018-08-20/saxo-cio-warns-its-not-turkey-its-global-debt-cycle