We Are All In The Same Boat?

by Bill Holter

Dear CIGAs,

No doubt the financial and economic stresses are building. Without even looking at the various and very weak economic reports, talk of and implementation of “negative interest rates” should tell you all you need to know. We looked at this last G-20 meeting as a possible venue for some type of concerted action or even the announcement of some sort of re set or major change. Instead, they “publicly” agreed on nothing.

Earlier today, Zerohedge put out an article regarding China’s shadow banking system

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