Rothchild On The National Debt – Bubble Callers Might Have It Wrong

Someone said, “Money doesn’t disappear, it only changes hands.” By that token, the financial meltdown of 2008 resulted in a liquidity seizure, not a crisis of solvency. In their October ‘Market Perspective’ Rothschild Wealth Management would like to give the US economy more credit than it’s getting – especially considering the increasing rhetoric surrounding unsustainable asset values that would allegedly collapse as the Fed finally moved to realign interest rates. Doubting Thomases also cite record national debt, a collapsing Eurozone, demographic disadvantages, geopolitical risk and China’s economic dominance as other reasons for doom and gloom. National debt: Doomsayers ignoring underlying positives…