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sneezy67
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The Bond Bubble's Risk Hits an Unbelievable $555 TRILLION in Size - Graham Summer - Gains Pains & Capital

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Beginning of the headline :The next Crisis will be THE CRISIS. You might have noticed that each successive crisis over the last 15 years has been both larger and involved more senior asset classes. 1. The 2000 Tech Bubble involved stocks. 2. The 2007 Housing Bubble involved housing. 3. This crisis involves Bond… as in ALL bonds. To give some perspective regarding size here consider that the credit default swap market based on housing that nearly took down the system in 2008 was $45 trillion at its peak in... Read More

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