Sovereign Debt

[BlasterBates]

Bank for International Settlements warns, sovereign debt crises are nearing "boiling point" in half the world economy.

http://http://www.telegraph.co.uk/fi...l-Reserve.html

The M3 money supply has contracted by 5.5pc over the last year, and the pace is accelerating: the 'trimmed mean' index is now 0.6pc on a six-month basis, the lowest ever. America is one twist shy of a debt-deflation trap.

oh dear...

[DimPrawn]

So what they are saying is the world needs more money?

RBS tells clients to prepare for 'monster' money-printing by the Federal Reserve - Telegraph

RBS tells clients to prepare for 'monster' money-printing by the Federal Reserve

Sorted.

[doodab]

The M3 money supply has contracted by 5.5pc over the last year, and the pace is accelerating

So there are less overpaid pillocks driving around in expensive German cars. Why is that a problem?