This isn’t a cause for panic or to assume that the financial system is going to crash tomorrow. But it’s clearly a disturbing trend... the proverbial powder keg in search of a match. And when future pundits write the history of the financial crisis to come, whether it happens today, tomorrow, or years from now, you can bet they’ll wonder how the entire system failed once again to see something so dangerous... and so obvious.
According to Tyler Durden with Zero Hedge, today’s bubble is EIGHT TIMES the size of the last one, with more than $10.4 trillion worth of government bonds that yield negative interest. There are resemblances from the last financial crisis in our real estate market which cause me concern, what about you?