by Graham Summers, GoldSeek:
Many investors believe that the 2008 Crisis was THE Crisis of their lifetimes.
They are mistaken.
The 2008 Crisis was a stock and investment bank crisis. But it was not THE Crisis. It was just Round One.
Round Two, or THE Crisis, concerns the biggest bubble in financial history: the epic Bond bubble… which, as it stands, is north of $100 trillion.
To put this into perspective, the Tech Bubble was about $15 trillion in size. The Housing Bubble, which triggered the 2008 Crisis, was about $30 trillion in size.
The bond bubble today is over $100 trillion. And if you include derivatives that trade based on the prices of bonds, it’s $555 trillion.
So we are talking about a problem that is exponentially larger than anything you or I have seen before.
How is this possible?
By way of explanation, let’s consider how the current monetary system works…
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