Chart Porn on the Global Economy With an Amateur, But Gentlemanly, Prediction

Good info here to see the trends of the global economy.

I’m going to make a prediction. Based on this weeks documentary we have learned how the major banks have restructured all the worlds debt to be linked to currency swaps; a form of derivative.

Norway gave us a first impression of how nations and states will act going forward. That is they will protect themselves at all costs. Add to that the evidence of central banks buying up gold as an alternative to sovereign debt and you have a situation boiling slowly on the back burner.

It is my assumption that as western nations continue to see recession upon recession, that fear will grow over the purchase of sovereign debt. As fear mounts other states will take Norway’s lead and we will reach a point where nobody wants to be left holding the bag. This will cause dramatic fluctuations in currency evaluations and create another debacle with synthetic derivatives sparking the next credit freeze. Since we mange the opaque market of derivatives we will not escape systemic risk.

Full look at the global economy chart porn