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Friday, 10/26/2018 2:40:00 PM

Friday, October 26, 2018 2:40:00 PM

Post# of 37920
Eight Reasons a Financial Crisis is Coming : https://moneymaven.io/mishtalk/economics/eight-reasons-a-financial-crisis-is-coming-ZQOvhrkkSEKxlWOjxlG-xQ/

My comment: So, just how would a debt jubilee work ? How about the fairness ? Who would get bailed out and who would not ? The banks are not so vulnerable this time...it's the zombie corporations, the pension funds, and the bond markets globally. I think the Fed and other CBs just print to try to cover it up. It would take a lot of printing.

Excerpts:
Potential Catalysts
1.Junk Bond Bubble Bursting
2.Equity Bubble Bursting
3.Italy
4.Tariffs
5.Brexit
6.Pensions
7.Housing
8.China


And this from one of the comments on the article:
When it begins to really hurt expect some sort of debt jubilee else the debt will be a weight around global economy's neck for very many years. Recovery will take ages otherwise.

With a jubilee other changes will occur.

I just wonder who/how to be on the right side of it. Possibly through gold but I don't trust tptb not to somehow find a way to limit gold repricing upwards.


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