Compliments of Raul Pal via mainstream financial media outlet Business Insider.
I agree with most everything in this presentation as it is presents the gory facts (revolving around chronic debt creation) that got me to start a financial website 8 years ago. What I do not appreciate is when the MSM puts stuff like this out at a time like... let's see... oh yes, at a time like NOW when markets are under major bearish stress.
What will Business Insider be presenting a few months from now if the markets somehow manage to find their footing and rise toward new recovery highs? Will they be pimping bull rationalization stuff as they are for the bear today?
http://www.biiwii.blogspot.com
http://www.biiwii.com
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