Global markets are changing drastically and showing volatilities like we saw back in late 2008.  I am not talking about stock markets, it is the debt and currency markets that are schizophrenic.  Oddly, even after all of the various Western “QE’s”, liquidity suddenly looks like it is drying up.  A great article as to why even the depth in the … Continue reading Failures of Central Banks, Interest Rates, Derivatives and Crisis in the Credit Market By Bill Holter