The Bank for International Settlements (BIS) has reported exactly what we have been warning about – the explosion in dollar-denominated debt outside the USA which means a rise in the dollar will see a massive debt crisis. The total volume of US dollar-denominated debt outside ………………..
World Dollar Debt up 5.2% – World Euro Debt Up 10.5%
The trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.
— Thomas Paine