04.11.16: Economic Collapse Update / Bond defaults rising

The following video was published by Paul Sandhu on Apr 11, 2016
Deutsche Bank Says World “Past The Point Of No Return” In The Default Cycle
Over the past year, the credit cycle finally turned, and has unleashed the latest default cycle. In fact, as BofA’s Michael Contopoulos warned last week, it may be the worst default cycle in history with “cumulative losses over the length of the entire cycle could be worse than we’ve ever seen before.”

 

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