Episode 4: Global Debt … An Ace-High Royal Flush
Money, Markets & New Age Investing - A podcast by Greg Weldon
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Send us a textGreg discusses the UNPRECEDENTED growth in debt during 2022, both public debt and private debt, with the understanding that reliance on printing exponentially more and more money, as a means of economic survival, is ultimately a losing hand. This is especially true when Global Debt holds an unbeatable hand, an Ace-High Royal Flush, suited in Diamonds (for the obvious irony) … 10 of Diamonds is Private Debt (Consumer, Corporate, Unfunded Pensions) … Jack of Diamonds is CB Balance...
