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David Stockman: The Global Economy Has Entered The Crack-Up Phase

Few people understand the global economy and its (mis)management better than David Stockman -- former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier.

David is now loudly warning that events have entered the crack-up phase, which he predicts will be defined by the following 4 developments:

- Increasingly desperate moves by the world's central banks
- Increased market volatility and losses
- Deflation in industrial and commodity prices
- Decreasing demand due to Peak Debt

Published by Henry Plant , 17.02.2015 at 00:36


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Richard Stone
Richard Stone 25 February 15 03:48 Warren is a fraud. She used to be real but over the last few years she has been running a distraction agenda. Text hided expand
Rick Westly
Rick Westly 28 February 15 00:26 Well that's not gonna win any awards for subtlety. ;) Text hided expand
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