There is No Escape from Global Debt

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money getting vacuumed up
inflation sucks...the money out of your wallet. Stagflation takes the wallet.

Not 24 hours after my last post on the price of gold reacting to the U.S. debt and unfunded liabilities, we find this article about the global debt and unfunded liabilities. Then it connects the dots to depreciating currencies, inflation, higher taxes, and impoverished wage earners. (That’s you and me, folks.)

Read it if my post didn’t frighten you enough about the economic calamity that awaits us.

Published 9/16/24. Read full article.