Bill’s commentary:
“Bond market sees biggest decline on record in 2022! You do understand don’t you, ‘credit’, or in other words bonds …ARE the foundation the entire Western financial system stands upon? To make it simple for you, 1+1 = 2, and when credit destructs as it is now doing, the foundation you believed in crumbles …and SO DOES YOUR WAY OF LIFE!”
‘Understand this. Things are now in motion that cannot be undone.’ Gandalf the White.
Nice graphic Dismal Dave!
Bill’s commentary:
“Erik with several good points.”
BillHolter.com 