US $40trn Debt Spiral Now Feeding Itself With Huge Consequences for Markets
· investorideas.com
US national debt passed $40 trillion and annual interest costs topped $1.2 trillion. deVere Group warns the spiral is now self-feeding and markets are underpricing it.
Markets · Macro Commentary
deVere Group CEO Nigel Green says the arithmetic is now self-reinforcing, and duration risk sitting inside balanced portfolios has ...