The Global Economy Is Being Sucked Back Into The Debt Cycle w/ Shaun Richards
The dependence on bailouts has become a supermassive black hole as the demand for continuous debt exposes the insolvency of banks and the private sector. Today, Shaun Richards joins us to share his thoughts and analysis of how Central Banks worldwide will ultimately fail in fighting inflation and keeping confidence in their economies. He gives a deep dive into the UK pension crisis and why it all started with keeping interest rates too low for too long. The damage from too much debt is just beginning.
Get more insights and analysis from Shaun Richards:
https://notayesmanseconomics.wordpress.com/
https://twitter.com/notayesmansecon
Watch the last interview with Shaun Richards here:
Central Banks Are Preparing To Go Negative - https://youtu.be/6IYifBoYx7Y
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
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