The West Debt & Inflation Implosion
Tom Bodrovics from Palisades Gold Radio welcomes back Egon von Greyerz, Founder and Chairman of Matterhorn Asset Management AG based in Switzerland. The U.S. debt has doubled every eight years, and by 2025, is expected to reach around $40 trillion. The Fed will likely reach a point where it will no longer be able to control interest rates. This signifies a dire situation that is further complicated by the fact that no one wants to buy bonds from a country that is technically bankrupt. To try and keep the debt at bay, the U.S. will most likely deploy inflationary tactics, resulting in an increase in prices. Read more…
http://goldswitzerland.com/
Source: https://goldswitzerland.com/the-west-debt-inflation-implosion/
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