Thursday, November 4, 2010

Biggest Debt Bubble in Human History

This is an article from the Economic Collapse blog arguing that the US is still in the midst of the largest debt bubble in human history.


Apart from the US, there are also debt bubbles in the various European nations. As such, I think it is a matter of time before another financial crisis hits the world, as the size of the debt bubble is at or near a point where it is mathematically impossible to be sustained. And when that happens, Singapore will also be seriously affected.

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