THE BUILD-UP OF SYSTEMIC RISK, A CRISIS OF CONFIDENCE IS AHEAD, 2008 WAS ABOUT PRIVATE CREDIT – THE NEXT CRISIS WILL BE ABOUT PUBLIC CREDIT

Investment Watch
March 17, 2015

This extensive discussion covers a wide range of subjects including:

• THE BUILD-UP OF SYSTEMIC RISK
• A CRISIS OF CONFIDENCE IS AHEAD
• WHY WE HAVE RECORD ARTIFICIAL HOUSEHOLD WEALTH
• FINANCIAL FRAGILITY – As long as Credit is expanding things looks good. But it camouflages the underlying financial fragility.
• 2008 WAS ABOUT PRIVATE CREDIT – THE NEXT CRISIS WILL BE ABOUT PUBLIC CREDIT
• THE GLOBAL BUBBLE HAS NOW BEEN PIERCED

“You can now expect the unexpected from Policy Makers”