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whowasthatmaskedman · 70-79, M
There has been a worldwide dept crisis looming now for decades. The GFC fix was botched by America and only a bandaid solution provided. The world economies agreed to turn a blind eye and act like nothing was happening and now stats are worse than before the first time out. All it is going to take is for a trigger, like a bank becoming insolvent or a recession bought on locally in a major economy to tip it over. Frankly I am surprised it hasnt gone already. The overblown Stock Markets are certainly expecting it and the interest rates dont have the cushion to stop it.
ProfessorPlum77 · 70-79, MVIP
@whowasthatmaskedman Thank you for the FRIGHTENING reply.