About Featured Book: The Financial System Limit by David Kauders
Stock markets dicey. Again. Banks in trouble. Again. Consumer spending falling. Trade wars. Again. Households struggling with debt. Businesses with costly debt failing. Negative yield curve forecasting recession: thirty-year Treasuries much cheaper than one-year. And we haven’t got anywhere near the next financial crisis. Yet.
What is the common factor? Debt cannot expand to infinity, but one-fifth of economic output is spent on interest.
This Non-Fiction book is available in these Formats: eBook, Print