This Ticking Time-Bomb is Now Threatening the World Financial System

from King World News

This ticking time-bomb is now threatening the world financial system.

Here is a portion of today’s note from Art Cashin: I Owe You One – In this week’s edition of “Outside the Box”, my friend, John Mauldin, featured the latest report from Dr. Lacy Hunt of Hoisington Investment Management. It is an eye-opening piece on the topic of debt.

To whet your appetite, here is a quote from John’s introduction:

The Federal Reserve, the European Central Bank, the Bank of Japan and the People’s Bank of China have been unable to gain traction with their monetary policies….

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