Monday, September 01, 2014

"America has never been as
 powerful financially as it is now"
?
Video interview with Ambrose Evan-Pritchard (our favorite British doomsday journalist) .. "Ironically, America has never been as powerful financially as it is now" .. discussion on geo-politcal tensions in the world, China's challenges, threats to the global economy & the expectations for gold .. "The debt levels are now 275% in the rich countries and 175% in the emerging market countries. And that’s a record for both. So, we go into the next downturn even more stretched." .. very interesting comments .. 29 minutes

5 comments:

romeman said...

There was also an excellent AEP interview done about 10 days ago:
http://economicsignsofthetimes.blogspot.com/2014/08/wednesday-roundup-08-20-14.html

Note that Steve Keen also just mentioned the idea of debt jubilee again on CNBC:
http://economicsignsofthetimes.blogspot.com/2014/09/monday-roundup-09-01-14.html

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