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Karandash
Member since August 2012
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Debt Heaven Fallacy, not on Earth

- Jim Willie CB - Hat Trick Letter

45 years ago I needed a loan to buy a car. I was 19. I had a job. But my parents had to put their house as collateral.
ahh... forget it....

Commented 3350 days ago

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Beginning of the headline :Today marks the Chinese New Year, the day promised for unleashing forces from the East which complete the Global Paradigm Shift. Let it rain; let it pour. For a full generation, the Western central bankers have relied upon debt to solve debt saturation problems as well as economic slowdowns founded within the credit cycle. In the last four years, they have added reliance upon free cost printed money to solve debt saturation and insolvency problems. The USTreasury Bond market has vanished for all... Read More

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