Michael Howell, CEO of CrossBorder Capital and author of Capital Wars, breaks down why global liquidity—not interest rates—drives markets, and warns of a looming $70 trillion debt refinancing wall that could trigger a systemic financial crisis between 2025–2028. We dive into the real cause behind every market crash, the growing collateral shortage, and the capital war between the U.S. and China, including how gold and Bitcoin could emerge as the ultimate winners.

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Timestamps:

00:00 - Intro