We have reached the end of the road. The credit debt bomb of all time is upon us as Bill Gross from Pimco Reports. Well he doesn’t put it in those terms because he is politically correct.
But his words are never the less potent. He recently was interviewed and explained the global monetary system has grown and evolved over the last 50 years strictly by cheaper and cheaper credit.
This phenomenon has caused many countries unable to grow any more efficiently. Due to de-leveraging and the over extended balance sheets riddled with debt has forced the Central Banks and the Fed to decrease interest rates to negative returns once you factor in inflation.
Punish the saver is the global monetary model as treasury bonds and other government debt yields in nothing. For the equity investor Bill suggest look for global companies with stable cash-flow and are exposed to high growth markets.
The credit limit has been reached and the debt bomb is unsustainable. Prepare now why you have the chance purchase GOLD AND SILVER