Don't be fooled by the official figures. The Economy is on Life Support..!!
LIFE SUPPORT
Never before has there been so much garbage being reported about the state of the Economy which has been on Life Support since 2008..!!
The Economy is sick. It is very sick.
Debt is being amassed at an unprecedented pace and at a rate that is disproportionate to the earning potential of the Economy.
Technological trends
Technological trends in manufacturing and industry is playing a huge role in the misallocation of debt as the labour force is disrupted by machines and robots.
This misallocation of debt is hanging like a dark shadow over the Economy and it is only a matter of time when this burden of debt has to be tackled.
Don't be fooled by the Markets
Lurking in the background of a dark and sinister Market is +$1.5 Quadrillion of Notional Derivatives and these should not be ignored.
Markets are currently pumped up by a toxic combination of Debt, Derivatives and Stimulus and it is these Financial Instruments that are holding the Market together.
Global Debt
With these unprecedented levels of Debt that are now propping up the Economy it is not a matter of if, it is simply a matter of time when the Market implodes..!!
Thanks for reading.
Stephen
DEBT DEBT DEBT AND MORE DEBT! lo;l
Excellent post!
Upvoted and resteemed,
Mike
As always Mike I really appreciate the support. Cheers. Stephen
very insightful post! upped and followed
Thank you. Stephen
This post has been ranked within the top 50 most undervalued posts in the first half of Jan 12. We estimate that this post is undervalued by $5.71 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jan 12 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.