My fear for the US economy, and, as a result the world economy, is that most countries have borrowed far more than they can afford, and they cannot afford to reduce or pay back the debt. I feel that the confidence built in the dollar over decades is being destroyed
THE AMERICAN PEOPLE ARE TRAPPED in a dollar devaluation, debt expansion, rate suppression whirlwind of a magnitude never been seen before now exacerbated by war. (Greg Mannarino). Events are moving quickly, geopolitically and economically. So a longer read this week Last week I told you a repricing event was underway.
I wonder what the reaction of investors would be if countries produced the real economic statistics. If we were given real GDP or real unemployment figures or real inflation rates or real debt levels. In my opinion people would invest with more confidence. I understand that countries do it in
In what was reported as a veiled threat, Saudi Arabia threatened to sell European debt holdings if the G7 seized the three hundred billion dollars worth of Russian assets confiscated from the Russians. Interestingly the threat was made to Europe (G7), it appears not to America. The Saudi’s denied making
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