Thursday, September 08, 2016

Massive Debt Has Created 
Over Capacity & Excess Supply

"Years of continually and recklessly stomping on credit creation to goose consumption has purchased massive mal-investment, over-capacity, excess supply and now a period of falling demand and rising bankruptcies. This is worldwide, and we have an army of financial prestidigitators to thank for the downsizing, mean reversion, losses and write downs that follow next."
- Danielle Park
link here to the reference

1 comment:

Anonymous said...

Michael Oliver-Gold is Resting Before Resuming Trend

Mafia dons could only dream of having the Fed's corrupt power and ability to print and buy assets.