The Bank of England is sounding the alarm on a quiet corner of the debt market now worth $1.4 trillion

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The Bank of England is sounding the alarm on a quiet corner of the debt market now worth $1.4 trillion
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BI PRIME: The Bank of England on Wednesday raised the alarm about the growth of so-called leveraged loans in the UK, saying that the sector's rapid growth should be a cause for concern for policymakers and market participants going forward.

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Meanwhile, bankofengland maintains near record low interest rates, actually encouraging this kind of expansion in debt. Watch what they do, not what they say.

Guess who caused all that debt pile by excessively lowering the interest rates and saving the ill-managed zombie banks? Hint : Debt = Credit

Next crisis will be massive mess around the world.

That’s exactly why we need to embrace Blockchain / Crypto currency technology. DigiByte is the most superior UTXO Blockchain in existence.

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