America Is About to Import a Global Debt Crisis
October 16, 2015 at 16:35 PM EDT
A global debt crisis is coming. The warning signs have been emerging for months. "This market instability is not going away. It's been building for six years. It can only end one way - with a 'Super Crash,'" Money Morning Global Credit Strategist Michael E. Lewitt told readers back on Sept. 8. "It's not just China that's creating this next (much worse) sell-off. It's also the massive, $200 trillion global debt bubble that's driving the world economy to its knees." Now, it seems, major media outlets are finally catching on... This week, an award-winning investigative journalist for Salon wrote a well-researched piece that concluded "trillions of dollars of investment in emerging markets has been fueled by cheap credit - and the bill's coming due"... Tags: China , china stock market crash , China's stock market crash , Chinese stock market crash , Debt Crisis , global debt crisis , global debt crisis 2015 , global debt crisis 2016 , global debt crisis economics , global debt crisis forecast , stock market crash To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post America Is About to Import a Global Debt Crisis appeared first on Money Morning - We Make Investing Profitable .
