Tag Archives: speculative bubble

The Covid-19 Dominoes Fall: The World Is Insolvent

By Charles Hugh Smith Source: Of Two Minds Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero. To understand why the financial dominoes toppled by the Covid-19 pandemic lead … Continue reading

Posted in Dystopia, Economics, Financial Crisis, Housing Crisis, news, Oligarchy, Social Control, society | Tagged , , , , , , , , , , , | Leave a comment