Debt to GDP Balloons Close to 450% for Advanced Economies.
#debt #tsunami #qe #deficit #moneyprinting #inflation #money #gold #fiatcurrency #stimulus #hyperinflation #economics #markets
Today we will be going over an article by the FT about what they call the Global "debt tsunami". We will look at how the seeds of this 'debt tsunami" were planted long ago and that the current health crisis has exacerbated it but is not the cause of it.
The conclusion for the day is that during a "debt tsunami" the last place you want to dive into, so to speak, is into paper or debt instruments.
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