Article Image
IPFS News Link • Economy - Economics USA

Denninger: On The Edge of The Abyss, S&P 500 of 210 Looms

• Market-Ticker.denninger.net
The "dirty secret" behind a lot of these "assets" is that they are literal zeros. A lot of the debt issued in the last few years was in fact fully synthetic - that is, it was not backed by an actual mortgage or other actual debt

ppmsilvercosmetics.com/ERNEST/