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The Interest Rate Shock Will Blow Up the Government’s Ponzi Game

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Thorsten Polleit
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As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.

Original Article: The Interest Rate Shock Will Blow Up the Government’s Ponzi Game

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About Thorsten Polleit
Thorsten Polleit
Dr. Thorsten Polleit, Chief Economist of Degussa and macro-economic advisor to the P&R REAL VALUE fund. He is Honorary Professor at the University of Bayreuth.
My articlesMy offerMy siteAbout meMy books
Follow on:TwitterAmazon

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