Between surging inflation, a bear market, and the constant threat of a recession, it's easy to feel discouraged about the future. Every single bear market and recession in history -- no matter how severe -- has eventually given way to a bull market. While nobody can predict exactly how long this market slump will last, we do know a bull market is on the way. Read More...
MarketWatch
High debts and stagflation have set the stage for the mother of all financial crises
NEW YORK (Project Syndicate)— The world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following the explosion of deficits, borrowing, and leverage in recent decades. In the private sector, the mountain of debt includes that of households (such as mortgages, credit cards, auto loans, student loans, personal loans), businesses and corporations (bank loans, bond debt, and private debt), and the financial sector (liabilities of bank and nonbank institutions).
Add Comment