"Central Banks Worried As Countries Fight To Survive
Japan is bankrupt and China’s financial system is extremely fragile. Europe is also in trouble and the U.S. can never get out of its enormous debt burden. So far we have already seen 20 central banks ease in 2015. That’s 20 central banks lowering rates in just six-weeks.
This is happening because virtually every nation is fighting for the survival of their economy and financial system. Governments can’t repay debts, even at zero percent. Commercial banks have toxic assets that won’t be repaid. So the central banks are just taking turns printing money."