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| If interest rates rise to normal historical levels then this will collapse the everything bubble. So the central banks will try to lower interest rates into negative territory to try and maintain their ability to maintain debt servicing which are taking more and more of the pie of what’s received in tax revenues. For example China’s debt went from $7 trillion in 2008 to $40 trillion now.
Trump is not getting any younger and my choose to throw in the towel and not run for another term in 2020. Please subscribe to my channel https://www.youtube.com/watch?v=Vyy8cIJo3WU |
At readers' request, I've prepared a biography. I am not confident this is the right length or has the desired information; the whole project veers uncomfortably close to PR. On the other hand, who wants to read a boring bio? I am reminded of the "Peanuts" comic character Lucy, who once issued this terse biographical summary: "A man was born, he lived, he died." All undoubtedly true, but somewhat lacking in narrative.
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