Source: How To Survive The WinterThe point is, the Potemkin village of inflated stock and real estate prices cannot continue indefinitely. When asset prices crack, and pension funds are exposed to be in terminal arrears, exacting clarity will prevail. Federal, state, and local governments are flat broke. So, too, are corporations and consumers.
Fed, ECB, BoJ, PBOC Balance Sheet + Global Systemically Important Banks + Emerging Markets - Zerohedge
Source: "Get Prepared" For The Chaos To Come, Snyder Fears Global Financial Bear Market Looms - ZeroHedge
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