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The Coming Global Financial Crisis: Debt Exhaustion – Charles Hugh Smith (02/14/2019)

Feb 14th, 2019 | By brinvest | Category: WallStreetWindow

The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion.Just as generals fight the last war, central banks always fight the last financial crisis. The Global Financial Crisis (GFC) of 2008-09 was primarily one of liquidity as markets froze up as a result of the collapse…

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