World needs $100 trillion more credit, says World Economic Forum

http://www.telegraph.co.uk/finance/financetopics/davos/8267768/World-needs-100-trillion-more-credit-says-World-Economic-Forum.html

The world's expected economic growth will have to be supported by an extra $100 trillion (£63 trillion) in credit over the next decade, according to the World Economic Forum.

And people wonder why I'm long precious metals.

World needs $100 trillion more credit, says World Economic Forum

http://www.telegraph.co.uk/finance/financetopics/davos/8267768/World-needs-100-trillion-more-credit-says-World-Economic-Forum.html

The world's elite financiers believe the world needs another $100 trillion to maintain the status quo.  And people wonder why I'm bullish tangible assets.