The Return Of Crisis
Suddenly banks everywhere are in deep, deep trouble
by Chris Martenson
Chris Martenson’s Peak Prosperity
Financial markets the world over are increasingly chaotic; either retreating or plunging. Our view remains that there’s a gigantic market crash in the coming future — one that has possibly started now.
Our reason for expecting a market crash is simple: Bubbles always burst.
Bubbles arise when asset prices inflate above what underlying incomes can sustain. Centuries ago, the Dutch woke up one morning and discovered that tulips were simply just flowers after all. But today, the public has yet to wake up to the mathematical reality that over $200 trillion in debt and perhaps another $500 trillion of un(der)funded liabilities really cannot ever be paid back under current terms. However, this fact is dawning within the minds of more and more critical thinkers with each passing day.
In order for these obligations to be reset to a reality-based level, something has to give.
Continue Reading at PeakProsperity.com…
Source: http://financialsurvivalnetwork.com/2016/02/the-return-of-crisis/?utm_source=rss&utm_medium=rss&utm_campaign=the-return-of-crisis
