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Wednesday, March 11, 2015

The End of the Great Debt Cycle

A good read by author Bill Bonner on "The End of the Great Debt Cycle". Excerpt:

"In the past 20 to 30 years, credit has grown to such an extreme globally that debt levels and the ability to service that debt are at risk. […] Why doesn’t the debt supercycle keep expanding? Because there are limits."


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