Debt Rattle October 14 2017

[Raúl Ilargi Meijer]

Georgia O’Keeffe Manhattan 1932   • Central Bankers Use Moment of Calm to Debate How to Fight the Next Crisis (DJ) • BOJ’s Kuroda Says No Signs O
[See the full post at: Debt Rattle October 14 2017]

[Nassim]

I don’t think I am the only one who notices things cooling down – in Australia anyway.

Here are a couple of interesting charts on the NASA website. The historical data shows that the sea level has been rising since 1870 (and probably from long before that). The rate of rise has not increased for the period 1950-2000 when compared with 1870-1950 thus showing no direct CO2 connection.

Sea Level (NASA satellite data 1993 – present) and historical data 1870-2000

Lastly, it seems that the sea level has not risen for the past 2 years. Maybe that was why the penguins found the “ice too thick”

[Party on]

The following credit numbers are from the Bank for International Settlements (BIS) as of the end of the first quarter, 2017:

First table at the link is “Total credit to the non-financial sector (core debt), % of GDP” for the larger economies of the world:

https://www.bis.org/statistics/tables_f.pdf

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