NY Fed Warns of a Massive Debt Bubble
gainspainscapital.com
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Original
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AUG 16, 2017
ORIGINAL SOURCE: NY Fed Warns: It’s a Massive Debt Bubble and the Credit Cycle is Turning by Graham Summers of gainspainscapital.com on 8/16/17
The Fed published a study and feels that the consumer is at peak debt, bigger than the crises of 2008. Now couple that with peak everything bubbles and you got recipe for a major disaster.
Please read the rest here; NY Fed Warns: It’s a Massive Debt Bubble and the Credit Cycle is Turning
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