With the dollar recently running into trouble, and gold, silver and oil on the move, today King World News wanted to take a step back and look at 5 of the most stunning charts of 2015.
The following charts are from the Wall Street Journal. The first chart below from WSJ shows the recent turmoil in the German bond market and the subsequent surge in yields.
The second chart below from WSJ shows the shrinking first-quarter economy of the United States. The chart reveals the inflation-adjusted Gross Domestic Product of the United States (see red candle).
The third chart below from WSJ shows that speculators who are fleeing the U.S. dollar have now moved aggressively into the crude oil market. On the flip side, the commercial shorts have been cleaning up on their short positions in the dollar.
The fourth chart below from WSJ shows total U.S. household debt, mortage debt, student loan debt, auto loan debt, and credit card debt. Note that student loan debt and auto loan debt are spiraling out of control. In many cases this debt will never be repaid.
Meanwhile in China, as the fifth chart below from WSJ shows, private debt as a percentage of GDP has skyrocketed to a staggering 185 percent!
These astonishing charts from WSJ illustrate the great global distortions that have unfolded as a result of Western central banks embarking on one of the most insane and ill-fated monetary experiments in history. There is no question that this will all end badly, it's just a question of when it will implode and how much human suffering will take place as it all comes crashing down? To subscribe to the Wall Street Journal CLICK HERE.
***ALSO JUST RELEASED: One Of The Biggest Danger Signals Is Still Flashing RED! CLICK HERE.
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