http://etfdailynews.com/2014/07/29/nyse-margin-debt-storms-back-to-all-time-highs/ |
I believe this is one indication of what may be the biggest debt bubble in world history.
We have (electronically) printed and borrowed our way to what looks like a very unstable future.
The whole world, all at the same time.
It's never happened like this before, as far as simultaneously goes.
Relatively large wars are usually a consequence.
The middle east is a mess.
If some petrol supply chains get blown up somewhere, and a price spike evolves, many smaller countries will be at risk of hyper-inflationary outcomes, which usually leads to unrest/uprisings/governmental overthrow.
Trade finance is at risk.
Globalization should diminish.
http://advisorperspectives.com/dshort/charts/markets/nyse-margin-debt.html?NYSE-investor-credit-SPX-since-1980.gif |
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