As momentum builds in the developing deflationary spiral, we are seeing increasingly desperate measures to keep the global credit ponzi scheme from its inevitable conclusion.
Credit bubbles are dynamic - they must grow continually or implode -
hence they require ever more money to be lent into existence. As the
peak of a credit bubble is reached, all these necessary factors first
become problematic and then cease to be available at all. Past a certain point, there are hard limits to financial expansions, and the global economy is set to hit one imminently.