by Lior Gantz for The Gold Report The biggest bubble of all is bursting—the bond market, where companies and the government borrow money—and it’s twice as big as the stock market, says Lior Gantz of.
The yield on 10-year U.S. Treasuries is now twice as high as it was last July.
At 2.46%, today’s investors are lending the largest debtor in the world their own funds for a decade, while official inflation is 2.50%.
High yield investments are hard to find, but this company, for example, yields 8% for years.
The ZIRP (Zero Interest-Rate Policy) and NIRP (Negative Interest-Rate Policy), which central banks worldwide adopted for close to a decade while the credit was deflating from the system, didn’t spark runaway inflation like many investors presumed.
There was too much unwinding of debt, and not even “easy money” policies could spark the attention of the average worker to originate new debt in their name.
LOT more,,,,,,,,,,,,,,,,,,,,,,
http://investmentwatchblog.com/a-credit-implosion-is-coming/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.