Friday, April 10, 2009 EST
Jon Markman wrote a very interesting article regarding one of the major problems the global ecnomcy faces: DEBT. While the goverment adds more debt to fix the problem.

These steps have given rise to fantastic speculation opportunities that we will be exploring together for years because, while they are well-intentioned, they are also wildly contradictory and create gigantic entryways for speculation and exploitation.

Credit analyst Brian Reynolds put the challenge of understanding the underlying structure of what's happening best by observing that governments' response amounts to something like a Zen riddle:

  • The global economy's main problem is that there is too much debt . . .
  • Yet governments are trying to add more debt in an effort to get credit flowing again . . .
  • While at the same time attacking bondholders and bankers, the very people they depend upon to create, sell and buy all that new debt.

Continue to the article here

 
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