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Deflation, gold and the dollar in the ever ongoing crisis

Posted on 22 December 2011

So 2012 will mark the fifth anniversary of the global financial crisis. There’s little reason to think it’s reached its end yet. Merry Christmas.
Banking and household leverage in the rich West has barely ticked lower from the credit bubble’s historic peak of 2007. Financial leverage has only been reduced by a fraction, while governments have been stuffed like a French goose with that new debt spurned by the private sector since 2008………………………………………..Full Article: Source

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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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