After a period of relative stagnation from 2008 to 2012, the British Empire’s global speculative bubble took off like a rocket in early 2013, and is currently hyper-inflating at a rate of over 20% per year. This translates into total global financial assets reaching somewhere in the range of $1.90 – $1.95 quadrillion as of June 2014, on a trajectory of breaking the $2 quadrillion barrier imminently. Nearly 90% of those global assets are financial derivates — that is, totally speculative assets with no backing whatsoever in real production. -LPAC
Posted on: Thu, 03 Jul 2014 11:12:21 +0000
Trending Topics
Recently Viewed Topics
© 2015