Tuesday, February 10, 2015

Stunning Chart Of The Day: For The First Time Ever, Central Banks Will Monetize More Than 100% Of Global Sovereign Debt

Government debt is (un)officially a giant Ponzi scheme, and by extension, so are the currencies they issue.

http://www.zerohedge.com/news/2015-02-09/stunning-chart-day-first-time-ever-global-net-sovereign-debt-issuance-will-be-negati
Posted by Gaucho Greg at February 10, 2015
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