The Global Credit Market Is Now A Lit Powderkeg

Posted by Peak Prosperity

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And markets are totally unprepared

“As we think about the potential for global capital movements not only geographically, but also as movement among asset classes, all eyes should be on the global credit markets. So much capital is stored there that if it starts flowing out, and likely to the sidelines (i.e. safe havens), prices for everything are going to be impacted. And losses to today’s most commonly-held financial securities could be absolutely tremendous.”

…read the entire article HERE

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