you rock anon
ty for the flip brother anons
sorry. fucking cat again. not toots though!
he is on it HARDCORE
knew someone would do it!
Debt Trifecta At All-Time Highs - Billionaires Panic
The “trifecta” of national, corporate, and consumer debt has reached all-time highs, and could prove to be catastrophic if a recession hits.
Let’s start by quickly bringing each part of this debt trifecta up to date as much as possible…
U.S. National Debt
The national debt, ever on the rise, currently sits at around $22 trillion: cap 1
In just the short decade since 2008, the debt has jumped from $10.6 trillion to $22 trillion. It also comes with a deficit that’s currently over $1 trillion currently. The interest payments alone may be forming a “black hole” from which the U.S. may never escape.
These facts alone should raise concern in any interested observer.
Corporate Debt
The total amount of corporate debt has never stopped rising since 1950. Corporations have taken on a record level of debt since 2007.
cap 2
Billionaires Sound Big Warning Alarm
Mainstream media almost never hype a financial crisis, so it’s significant when they do. But when billionaires are sounding the alarm, you might want to pay close attention.
At least two billionaires are doing just that, starting with Baupost Group’s Seth Klarman. Baupost Group is a $28 billion hedge fund, and Klarman normally positions himself out of the limelight. His fund is only open to private investors, so he has little incentive to promote his brand to the public.
rest at links
https://www.zerohedge.com/news/2019-02-10/debt-trifecta-all-time-highs-billionaires-panic
also at
https://www.birchgold.com/
it is an op-ed but the meat is very true.
The reference to Sovereign Man information is ok however that author never adjusted his view on the way up so it's moar like a broken clock right twice a day thing. Not wrong but same tune for many year's
key take-away
Since the U.S. spends almost a third of its revenue on interest payments alone, it doesn’t seem like it can afford to pay much more.
I think so. A fuckin' MACHINE!