Fundamentals haven't changed, page-380

@Ophir
@Hyperion Silver
@DaLatta

Interesting article.

Not a ‘total shock’ if stocks plummet 25% and gold soars 50% by October, says Ron Paul

“People have been convinced that everything is wonderful right now and that stocks are going to go up forever,” Paul said. “I don’t happen to buy this. The old rules always exist, and there’s too much debt and too much mal-investment. The adjustment will have to come.”

http://www.marketwatch.com/story/no...-soars-50-by-october-says-ron-paul-2017-07-03


Blowing bubbles: The new world economic order


To a large extent, however, it is a charade. The debt problems from a decade ago haven't been solved. They've grown worse, to the point where they can no longer be unwound, at least not by conventional means.
While central bank debts have risen enormously, the ultra low interest rates have seen private and corporate debt levels soar. Our own household debt, at 125 per cent of GDP, is among the highest in the world.

http://www.abc.net.au/news/2017-07-03/blowing-bubbles:-the-new-world-economic-order/8671756