[quote=SK in CV]
I’ve heard predictions of the bond bubble popping for more than a decade now, maybe even two. It really can’t be called prescient when something is predicted for that long and it doesn’t happen.[/quote]
Alright, perhaps I should say debt bubble rather than bond bubble although most debt has been securitized as a bond these days. What does this total debt chart look like to you?
It could certainly get bigger before it pops but it most certainly will pop one way or another. Maybe we have a few more years. I don’t know, but it sure looks like a bubble to me.
