----- Original Message -----
From: Len Cranford
To: Richard Finley ;
Sent: Friday, July 24, 2015 12:31 AM
Subject: You can just Feel the Problem;
{Subterranean Deflationary pressures
onging due to the Worldwide Economy failing to keep up with the Mega-Debts.
Meanwhile, income from Investment is practically zilch. L.}
24
Nations Are Currently Facing A Debt Crisis
...Eric, there
are now more problem areas in the world, rather than stable situations. No
major nation in the West can repay its debts. The same is true for Japan and
most of the emerging markets. Europe is a failed experiment for socialism and
deficit spending. China is a massive bubble, in terms of its stock markets,
property markets and shadow banking system. Japan is also a basket case and the
U.S. is the most indebted country in the world and has lived above its means
for over 50 years.
So we will see twin $200 trillion debt and $1.5 quadrillion
derivatives implosions. That will lead to the most historic
wealth destruction ever in global stock, with bond and property markets
declining at least 75 – 95 percent. World trade will also
contract dramatically and we will see massive hardship across the globe.
[And;]
[And, No "Sizzle on the
Steak" income either;]
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