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creditbubbles jpg

creditbubbles jpg

Summary: the thesis is what we are seeing more of a credit bubble than a housing bubble In fact Jan Martin recently contributed a link 1 on the issue and just yesterday he pointed out this itulip credit bubble graph Doom reader K is convinced the credit bubble exists that it is in the process of reversing and that credit contraction is the key to understanding the US

Image Dimensions: 545 x 290

Image originally found here.