The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China.  Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world history.  At this point the total value of all outstanding loans in China has hit a grand total of more than 28 trillion dollars.  That is essentially equivalent to the commercial banking systems of the United States and Japan combined.  While it is true that government debt is under control in China, corporate debt is now 171 percent of GDP, and it is only a matter of time before that debt bubble horribly bursts.  The situation in China has already grown so dire that the Bank for International Settlements is sounding the alarm… A key gauge of credit vulnerability is now three times over the danger threshold and has continued to deteriorate, despite pledges by Chinese premier Li Keqiang to wean the economy off debt-driven growth before it is too late.

Source: The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent

Ronald Stoeferle: Central Banks In Lose-Lose Situation

Claudio Grass, Global Gold: Ronald, it is a pleasure to have the opportunity to speak with you. We’ve known each other for a very long time, both on a personal and professional level. Because of our central banks, we find our economies today operating on artificial stimulus and negative interest rates. How would you summarize […]

Source: Ronald Stoeferle: Central Banks In Lose-Lose Situation – Gold And Liberty

Ronald Stoeferle: Central Banks In Lose-Lose Situation

Uncomfortable Truths About Central Banking And Money

Most people like their truth palatable, easy to digest, and believable. Unfortunately for our emotional needs, some truths are uncomfortable, unsettling, and difficult. Regarding the United States, the U.K., Europe, and Japan IT IS COMFORTING TO BELIEVE: Debt has increased exponentially for decades, and in the case of the US, for over 100 years. It […]

Source: Uncomfortable Truths About Central Banking And Money – Gold And Liberty

Uncomfortable Truths About Central Banking And Money

A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air | Global Research – Centre for Research on Globalization

Source: A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air | Global Research – Centre for Research on Globalization

A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air | Global Research – Centre for Research on Globalization