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Every Asset That Depends on Cheap, Abundant Credit (Housing, Bonds, Stocks) Is D

By Bubbabear   Follow   Thu, 20 Jun 2013, 3:39pm PDT   135 views   0 comments
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The entire global economy, developed and developing nations alike, is now dependent on cheap, abundant credit for everything: for "growth," for asset inflation, and ultimately for central state deficit spending, which props up all the cartels, rentier arrangements, fiefdoms and armies of toadies, lackeys, apparatchiks and embezzlers that suck off the Status Quo.

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