Can investors really be that wrong? Global risk is today greater than ever in history and at the same time the great majority of investors show no fear at all. There are so many potential catalysts that could shake the world economy out of its sweet dreams into a living nightmare that it is impossible to forecast where the trigger will come from. It could be a debt collapse in Japan, China, USA, Eurozone or emerging markets. Or it could be a currency collapse in any of those regions. Or it could be a stock market collapse, or it could be……, or it could be…… Many stock markets around the world are at all-time highs. But there is no fear and no serious selling. Any slight decline is a buying opportunity. The S&P is up 4x since 2009 but that does not make investors nervous. That markets have been fuelled by dangerous and unsustainable credit expansion does not concern markets. Not even that global debt has doubled since 2006. CHANGE STARTS IN THE PERIPHERY But...
from GoldBroker.com https://www.goldbroker.com/news/united-states-debt-explosion-weimar-2-1351
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