
The Near Future May See One of the Biggest Wealth Transfers in Human History
The Near Future May See One of the Biggest Wealth Transfers in Human History
Executive Summary Why GDP growth is very unlikely to support the rate of credit growth the Fed wants If it can't, what is most likely to happen? Why the current bubble threatens to end in one of the biggest wealth transfers in human history How to increase your odds of being on the right side of that transfer If you have not yet read Part I: The Fed Can Only Fail, available free to all readers, please click here to read it first. The (Delusional) Plan: Growth Will Cover Past & Future Debts Currently, the U.S. debt-to-GDP ratio stands at
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