In this short video, we comment on the latest outlook pieces published by investment bank strategists and the risks to some of the calls. Information and research is very interesting, and we must analyze the risks and opportunities.
According to the IMF (International Monetary Fund) and the IIF (Institute of International finance) global debt has soared to a new record high. The level of government debt around the world has ballooned since the financial crisis, reaching levels never seen before during peacetime. This has happened in the middle of an unprecedented monetary experiment that injected more than $20 trillion in the economy and lowered interest rates to the lowest levels seen in decades. The balance sheet of the major central banks rose to levels never seen before, with the Bank Of Japan at 100% of the country’s GDP, the ECB at 40% and the Federal Reserve at 20%. Continue reading The Next Wave of Debt Monetization Will Also Be A Disaster
A state-owned cryptocurrency is, in itself, a contradiction in terms. The main reason why citizens want to use cryptocurrencies or gold is precisely to avoid the government or central bank monopoly of money. Continue reading Will China Disrupt The Monetary System With A Cryptocurrency?
World debt at $250 trillion is 3x global GDP – an all-time record. If we included unfunded liabilities and derivatives, total debts and liabilities amount to over 25x global GDP. Continue reading There is no savings glut. At all