After 2008, global thought dealers "socialized" all of the accumulated billunaire losses into $trillions of global sovereign Ponzi debt. Which is now imploding:
Q: What happens when the mannekins who won the high school popularity contest are selected to run the world?
Now we all face the dreaded "VAR risk".
VAR Shock Visualized (German 10 year):
Q: What happens when a greed feedback loop hits the brick wall of 0% yield and there are no more brainless tools left to be conned.
ZH: June 6, 2015
A: $625 billion in global bond losses in two months