Is a Bear Market Imminent? | Tom Thornton
Forward Guidance
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The Negative Interest Yielding Debt Crisis in Europe
The amount of negative yielding debt in the world on dollar terms was 18 trillion and now it is almost under 4 trillion. Europe has had a history of debt unwinding unwinding, says Peter Navarrette. The risk I see is that you have, here's the other thing. All the banks in Europe, basically, they got bailed out and they were told, just keep buying,. Just keep buying our debt for the ECB. So they have all this garbage on their balance sheet.
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