Banking System Crisis
The US banking system faces a structural crisis, as it can no longer afford to purchase new debt due to functional insolvency. Despite rising yields, gold remains surprisingly stable, suggesting a shift in market perception about the safety of US debt. This dynamic indicates that investors may be losing confidence in the government's ability to maintain a risk-free status, challenging long-held financial relationships.In this clip
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Impact Theory
"This Debt Crisis Will Collapse The US Economy" - Prepare For An Upcoming Recession | Arthur Hayes
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