The world is is high on cheap credit just now.
After 2008/9 financial collapse caused by the banks and their greed we have been on financial life support.
All it's took it's Trillions of $$ to get the machine running again.
Everyone relise on credit now to get by as their paycheck doesn't keep up with the cost of living / currency devaluation.
Soon enough the debt based cycle will come to a halt as inflation takes off, central banks raise interest rates, default rates go sky high and the economy collapses, this time is won't be saved. The middle-class will be wiped out as they are the ones that borrow the most, the cycle repeats - WEALTH TRANSFER....
The Best way to protect your wealth during times of uncertainty which we are currently in is by having atleast 10% or more of your portfolio in precious metals - Gold/ silver
Precious metals are finite and are a store of value.