In case you missed it, here’s a snapshot of total debt as a percentage of median household income: from 79% to 584% and rising! If this strikes you as “healthy growth” because “debt doesn’t matter”– welcome to living blindly in the final stages of the debt bubble and sovereign debt and pension crisis. Prepare to see your retirement accounts decline by 70%!
Picture 1: Debt As A Percentage Of Household Income
The Markets Current Liquidity Bubble:
When your retirement account crash arrives is in question? Whether a crash is coming is not in question. Is your company or personal retirement plan protected from the next crash? It can be in less than 5 minutes.
InterAnalyst has been serving investors globally since 1990. Authoring hundreds financial articles and publications, thousands of trading charts to investors worldwide.