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"The Economy Is Cracking Under Too Much Debt"

Submitted by Adam Taggart via PeakProsperity.com, Wolf Richter joins the podcast this week to discuss the deterioration of the global macro situation, and how he is seeing growing signs of recession breaking out across the economy: I think that was one of the biggest mistakes the central banks made during the financial crisis: They stopped the debt from blowing up. So we never had a cleansing.
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