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I keep saying it - things are fine. Real value has not been wiped out actually $50 trillion in paper wealth was wiped out in the last twelve months alone. The
by unrealwh 18y ago
I keep saying it - things are fine. Real value has not been wiped out
actually $50 trillion in paper wealth was wiped out in the last twelve months alone.
The fundamentals of the economy are fine.
no they are not. the comptroller of the US govt estimates our own unrealized debt at potentially $70 trillion. outstanding derivatives total over one quadrillion USD. that is not a typo. global total debt is over one half of one quadrillion USD. the house of cards of global debt financing is only beginning to unwind.
take back the production
short of world war three, that manufacturing base is gone.