A very interesting read on the coming economic disaster: Is This How the Next Global Financial Meltdown Will Unfold? [1]. Sent in by GJM
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The Future of Money [2] – Banking without a bank in Kenya. – C.L.
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Items from Professor Preponomics:
Next Crisis in the Making: David Stockman Points to the $4.6T Leveraged Loan Market [3] (Contra Corner)
ECB Policymaker Says Monetary Policy Risks Becoming Ineffective in a Low Growth World [4] (Reuters)
China’s $1.2T Debt “Ponzi Scheme” Could Trigger Financial Crisis [5] (Breitbart)
Container Freight Rates Plummet 70% in 3 Weeks [6] (Zero Hedge)
Investors Warn of Greater Volatility from Liquidity Crunch [7] (Reuters)
Top Fed Official Says Feds May Need Permanently Big Balance Sheet [8] (Reuters)
Student Loans and Uncle Sam [9] (Mises Institute)
Earnings of the Top 1% in Your State [10] (Business Insider)
This City has the Most Concentrated Poverty in America [11] (Business Insider)