Richard Sylla: Human Civilization at Momentous Turning Point With Record Debt Levels and Ultra-Low Interest Rates
By FS Staff – Total US debt has now exceeded $20 trillion for the first time ever. Meanwhile, interest rates (i.e. the cost of debt) in the US and around the globe reached the lowest levels in recorded history. Financial Sense recently spoke with Richard Sylla…
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Source: https://www.financialsense.com/fs-staff/u-shaped-interest-rate-pattern-leads-civilization-decline
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