The 2007-8 debt should have written OFF, instead the inept too big to fall losers, got socialist style bailouts followed by bailins! Bailins are NOT sign of an healthy economy.
Or promoting healthy cut throat CAPITALISM.
The Fed has been pumping dark money to keep up the appearance of an upwards trajectory. But a balloon and a bubble can't be substantiated forever.
And now the inevitable......
http://www.informationclearinghouse.info/48713.htm "Next Financial Crisis -- Not If, But When"
http://www.informationclearinghouse.info/48723.htm World’s Financial System is the ‘Most Stretched Since 2008’, Warns OECD Economist
http://www.informationclearinghouse.info/48742.htm Another Arrested Equity Correction?
https://www.counterpunch.org/2018/02/09/the-vampire-market/ "The real question is: How long can you continue to feed the markets on the investments of the wealthy alone? The workers have no money to spare. The ever-shrinking middle class is waking up to the fact that they can hardly make ends meet. "
· 1 year ago