'..the parlous state of the global economy – which is not only quite weak, but incidentally drowning in debt as well..'

<blockquote>'Suddenly investors everywhere are seemingly recognizing the parlous state of the global economy – which is not only quite weak, but incidentally drowning in debt as well. The times have all of a sudden become “interesting” – in the Chinese curse sense.'

- Acting Man, Asian Markets Plunge, August 24, 2015</blockquote>


Context

<blockquote>'..in today’s world debts don’t settle – they just keeps expanding and expanding..'

'When companies go bankrupt, a debt-equity swap is a fair and efficient solution.' - - 'Corruption..' - '..restructure..' - '..go bankrupt, reorganize.'

'When the Russia currency and bond collapse unfolded in October 1998, derivative trading..'


(Global Credit) - '..More than 11 years ago Dr. Issing recognized the key issue for 2015..'

'There are ominous parallels to the late-twenties..'</blockquote>