Friday, November 22, 2013

The Debt Bubble is only getting bigger

"“I see a bubble in everything that relates to the financial sector,” Marc Faber the author of the Boom Gloom & Doom report told CNBC on Tuesday. He puts bonds, low-quality bonds and equities on the top of that list. “If you look at the financial sector as a percentage of the global economy, it’s very large. We have a huge debt bubble, and it’s only getting bigger. It’s not getting any smaller.”


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