7 years – and here is where we stand: Global debt (public and private non-financial) is soaring. Bond yields (via Central Banks rate-targeting) sliding. Export prices slumping hard (interpretation: there is no pricing power)…..
Plunge In Export Prices Is Now Worse Than The Great Financial Crisis ZeroHedge 7-02-2015
Spot The Recovery… According to the World Trade Monitor, world export prices declined by -15.8% year-over-year in April and are back at level last seen in 2009. World import prices have declined by -15.1% year-over-year as well.
It is time for an ‘outside-the-box’ solution – one that advances the cause of economic liberty, market-based efficiencies, economic acceleration, and dybnamicl tax revenue growth (without raising taxes).
The Leviticus 25 Plan 2015 – $70,000 per U.S. citizen The Leviticus 25 Plan 2015 (1012)