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


romeman said...

There was also an excellent AEP interview done about 10 days ago:

Note that Steve Keen also just mentioned the idea of debt jubilee again on CNBC:

lee woo said...

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Nathalie Uy said...

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