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Friday, April 25, 2014

This Chart Is A True Picture of The Bank Credit Bubble In America, Now Bigger Than The Last One (Which Blew Up)

http://www.testosteronepit.com/home/2014/4/25/this-chart-is-a-true-picture-of-the-bank-credit-bubble-in-am.html

`This is what a credit bubble looks like: piling on debt and more debt at all levels while producing only anemic economic growth, so that the debt burden, relative to the economy, gets more and more onerous, and only the Fed's zero-interest-rate policy can keep the whole construct from collapsing under its own weight''

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