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- The Global Debt Market is Now Flashing Red!
The Global Debt Market is Now Flashing Red!
from King World News
The global debt market is now flashing red and the selloff is alarming.
September 20 (King World News) – Gregory Mannarino, writing for the Trends Journal: Last week Bloomberg reported this: “The Bond Market Has Not Flashed a Warning Sign for This Long in Over Six Decades.”
The world debt market consists of essentially promissory notes, a constant and ever-expanding debt black hole with no end in sight. But today, nations around the world have become totally dependent on borrowing epic and ever-increasing amounts of cash directly from their respective central banks just to function day to day.