The Bank for International Settlements (BIS) has recently put out - TopicsExpress

The Bank for International Settlements (BIS) has recently put out a warning report about a worldwide debt surge that would cause a crash worse than the crash of 2008. The BIS claims that the economy is as vulnerable to a financial crisis as it was in 2007, except now debt ratios are even higher, 40% of loans are held by people who cant pay them back, and new markets have jumped into the fray, making it a much more financially dangerous and volatile situation. The BIS put out several warnings before the crash of 2008, which were largely ignored. Do you think a new crash is coming? If so, have you attempted to prepare?

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