A derivatives implosion was the black swan that ignited the global crisis in 2008. With the amount of total global derivatives now over a staggering 1.25 quadrillion dollars, there is no question that Greyerz is correct when he predicts this will eventually collapse the current financial system. It’s just a question of when it will begin and what the next trigger will be. This Terrifying Black Swan To Collapse Global Financial System . – J.W.
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America’s Poor, Deeper in Debt Than Ever
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The Fed Has A Big Surprise Waiting For You. – J.W.
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Items from Mr. Econocobas:
How You Know The Time For More QE Has Come
More Americans Than Forecast File for Unemployment Benefits
No New Debt For Germany In 2015
If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?