Tagged: total

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Complete & Total Vindication

by Wayne Root Obama was up to his old tricks again on Tuesday with his farewell speech. Once again he lied about the economy and jobs.  Or maybe I should phrase it differently: Once again, Obama...

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$300 Trillion Time Bomb: The Total Amount Of Debt In The World Is About Three Times The Global GDP Which Means Every Bit Of Potential Collateral Is Pledged To Someone, Somewhere In Some Fashion.

by thezman One of the unintended consequences of a world of floating exchange rates has been the geometric growth of debt. The total amount of debt in the world currently sits at around $300 trillion, which...