Economic Tumors Represent the Wrong Kind of Growth

03.10.2016 • Central Banks

From Vivek Kaul – Vivek Kaul’s Inner Circle (India) –

Doesn’t that eerily sound like a diagnosis of the global financial system?

Yes, it certainly does. And it is indeed true that the malignant tumors are growing and spreading rapidly within the global financial system. The so-called doctors of the economy – central bankers, policymakers, economists – are not going to come clean and tell you this ugly truth. They’ll keep saying that everything is under control, that they are doing ‘whatever it takes’, and that we’re on the path to recovery.

Tim Price, our big-picture expert from London, believes that there is now so much debt in the world, it can never be paid back. And he is going to mathematically prove what’s wrong with too much growth and too much debt. You don’t need to be a rocket scientist to understand this. It’s plain mathematics.

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