This Cycle’s Most Dangerous Bubble, In Three Charts

One of the lessons of the past few decades’ boom/bust cycles is that each financial bubble emerges in a different asset class. In the 1970s it was precious metals, in the 1980s junk bonds, in the 1990s tech stocks and in the 2000s mortgage-backed bonds.

This Cycle’s Most Dangerous Bubble, In Three Charts Debt-to-GDP-May-19

This Cycle’s Most Dangerous Bubble, In Three Charts Debt-to-GDP-May-19

Today the only one of these with a reasonable chance of blowing up the economy is Big Tech, which is wildly overvalued by any historical measure.

But a better candidate for the title of most dangerous bubble is emerging: Corporate debt, specifically the “almost junk” portion of that market.

https://www.dollarcollapse.com/dangerous-bubble/?fbclid=IwAR38mLGIbufHAkWs6KNDVLHxTidmTx3XJsYjw12BO1_d3Yt3z3UMQ41ZE_A

This Cycle’s Most Dangerous Bubble, In Three Charts

This Cycle’s Most Dangerous Bubble, In Three Charts

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