gold, page-29556

hahahahahahahaha.....it's certainly a boom in creation creation and asset prices!! Just look at how far house prices have become divorced from income levels!! More historic highs!!

But in terms of GDP growth, there's no boom at all. 0.7% is pathetic!!

hahahahahahahaha.....hunker down in your tinfoil bunker of smug complacency. Both China and the US are recording lower growth. The Fed is tightening and says they will unwind their balance sheet: that's Trillions to come back out of the money supply. Having deliberately inflated asset bubbles, what happens when you take a pin to a bubble?

http://economictimes.indiatimes.com...ffect-global-markets/articleshow/58681392.cms

To appreciate just how important the Federal Reserve has been to the US treasury, consider this simple fact: it alone financed 40 per cent of America's budget deficit last year.

http://www.valuewalk.com/2017/05/hummingbird-bear-market/

The Last 10 Tightening Cycles Triggered A Bear Market

http://www.zerohedge.com/news/2017-01-04/global-debt-hits-325-world-gdp-rises-record-217-trillion

we noticed that in the latest report from the Institute for International Finance released on Wednesday, total debt as of Q3 2016 once again rose sharply, increasing by $11 trillion in the first 9 months of the year, hitting a new all time high of $217 trillion. As a result, late in 2016, global debt levels are now roughly 325% of the world's gross domestic product.
In terms of composition, emerging market debt rose substantially, as government bond and syndicated loan issuance in 2016 grew to almost three times its 2015 level. And, as has traditionally been the case, China accounted for the lion's share of the new debt, providing $710 billion of the total $855 billion in new issuance during the year, the IIF reported.