Submitted by Phoenix Capital... on 05/14/2015 - 16:04
Ben Bernanke Ben Bernanke Bond Central Banks China Fail Japan Real estate Reality
The fact is that much of the globe, particularly the developed west, is up to its eyeballs in debt. Mind, you, this is based solely on official public debt numbers. If you include unfunded liabilities, then the US, most of Europe, Japan, and even China are sporting Debt to GDP ratios well over 300%.