Russell Napier on Debt Deflation: Too Much Debt, Not Enough Money

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Russell Napier, author of the Anatomy of the Bear and co-Founder of the Electronic Research Interchange (ERIC), explains the troubling rise of global debt levels, where it is largely concentrated, and how a major devaluation of the Chinese yuan would destabilize global markets, particularly emerging market countries. Napier also comments on the large number of deflationary headwinds impacting the world today and the drastic maneuvers that governments and central banks may eventually take.

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About James J Puplava CFP