This bubble will undermine the entire Ponzi scheme they call the global financial system when people realize these bonds aren’t worth a fraction of what they are trading for.
Either Way This Will End In Collapse
The problem is that all of this is unsustainable. One of two outcomes is certain because of the excess debt we now face in the system: Either we will see a hard deflationary debt collapse, which will make the 1930s look like a walk in the park, or a hyperinflation — triggered by central bank printing to counteract the deflationary threat."
