Yawning Debt Trap Proves the Great Recession is Still On
This article by David Haggith was published on The Great Recession Blog:
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Poor Cities And Poorer Economics
Authored by Carmen Elena Dorobat via The Mises Institute,
The US Stock Market Just Did Something It Has Never Done Before
It has now been 242 days since the US equity market dipped by 3% or more... That has never, ever, happened before...
Rick Astley said it best..."never gonna let you down... or desert you"
The 4 Possible Channels For A Chinese Financial Crisis
That China is a widely accepted global outlier in the context of credit, debt and leverage, look no further than the latest Financial Stability Report from the IMF, which in no uncertain terms lays out where China can be "found" relative to its G-20 peers in the following chart:
Yet according to the IMF, China's bleak picture is based on a relatively rosy estimate of the country's non-financial debt to GDP at approximately "only" 242%.
Why The Next Stock Market Crash Will Be Faster And Bigger Than Ever Before
Authored by Simon Black via SovereignMan.com,
US stock markets hit another all-time high on Friday.
The S&P 500 is nearing 2,600 and the Dow is over 23,300.
In fact, US stocks have only been more expensive two times since 1881.