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World Debt To GDP Makes New Record. Weekly Market Update 9-27-20
The amount of total debt in the world has exceeded 250% of world GDP. This can only be dealt with three ways. Default, Payback, or Debasement. History shows that governments always choose debasement. This is a process until it becomes an event. Or as the Hemingway character answered when asked how he went broke; slowly and then all at once.
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By John Polomny
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The amount of total debt in the world has exceeded 250% of world GDP. This can only be dealt with three ways. Default, Payback, or Debasement. History shows that governments always choose debasement. This is a process until it becomes an event. Or as the Hemingway character answered when asked how he went broke; slowly and then all at once.
Interested in knowing how I translate the information in these videos into investment ideas?
Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to:
actionableintelligencealert.com/subscribe
I have started up a Patreon account for those that wish to help support my work. Check it out here:
https://www.patreon.com/JohnPolomny
If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.