I recorded a huge update today.
There is a global bond meltdown that I believe locks in the next print. In the US, I see private sector leverage, while in Europe I see QE.
And China’s debt is a print waiting to happen!
We get into the quadrillions on this one.
🚨 NEW VIDEO 🚨
The Bond Meltdown Ends In A Global Money Print
Nik on why $350 trillion of debt against $120 trillion of global GDP can never be repaid in today's dollars, why the US print comes from commercial banks rather than the Fed, and why Europe prints first.