NY Fed Warns of a Massive Debt Bubble

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