from Kingworldnews:
Investors worldwide are sitting with assets inside of giant financial bubbles. We are talking about a $ 250 trillion bubble in stocks, bonds and property. The size of the bubble has increased from $ 150 trillion to $ 250 trillion in the last 15 years. That’s a staggering 66 percent increase. We talked last week about how the $ 100 trillion bond bubble will soon start to implode. We’ve seen bond yields start to surge in the last few weeks, led by the German 10-year bund. But, Eric, this is just the beginning. No government can or will repay this debt with real money.
Bond yields will go from less than 1 percent today, to 2 percent and then 5 percent and later to 15 – 20 percent, just like they did in the 1970s and early 1980s. Eventually bond yields will skyrocket as the underlying debt becomes worthless.
Egon von Greyerz Continues @ King World News
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