“We are looking at real carnage….”
This is what was going on behind the scenes, unlike anything the media reported.
The toxic miasma of “distressed debt.”
And Bond Investors Are Getting Nervous.
Wall Street engineering at its best. Investors now get their hands burned off.
Bond investors, armed with other people’s money, haven’t got the message yet.
We know exactly what happens – because it already happened twice this century.
It’s Not Just China You Should Be Worried About.
“Maybe this isn’t a great indication of the state of the economy.”
Central Banks crushed a very effective hedge against a rout in stocks.