Comment #4

JAP69 — Wed, 13 Mar 2013 08:27:27 GMT

Comment #3

emilyg — Wed, 13 Mar 2013 03:42:36 GMT

Maddog - that's for sure.

Comment #2

sully16 — Wed, 13 Mar 2013 01:22:23 GMT

Yep

Comment #1

MADDOG10 — Wed, 13 Mar 2013 00:55:08 GMT

And the wall will come tumbling down....!

Original Blog Entry: World's Biggest Ponzi Scheme Induced By Ben Bernanke Is Getting Ready To Explode

CajunWin4 — Wed, 13 Mar 2013 00:34:55 GMT

World s Biggest Ponzi Scheme Induced By Ben Bernanke Is Getting Ready To Explode

Tuesday, March 12, 2013

Casey Research: An update on the coming bond market crash

This Ponzi scheme is getting ready to explode

From Bud Conrad, Chief Economist, Casey Research:

It is my contention that the 70-year debt supercycle has come to an end.

To put the current financial situation in perspective, here s a long-term history of the debt-to-GDP ratio, which reached a record high at the beginning of the current crisis. It was a dramatic change in 2009, unlike anything since the aftermath of the Great Depression.

The highest the debt-to-GDP ratio had previously been for the United States was 301% at the bottom of the depression in 1933 when GDP collapsed and debt was high. The level became unsustainable in 2009, despite low interest rates. Weak borrowers were signing up to finance houses that they thought would increase in price forever. The point of the chart is that this downturn is different from all the recessions since World War II. Read more at http://investmentwatchblog.com

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