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Larry McDonald: U.S. Debt Crisis Will Break the Market | Part I
The U.S. debt crisis is spiraling and Larry McDonald says the market hasn’t priced it in.
With over $37 trillion in debt and $1 trillion in annual interest payments, the U.S. is barreling toward what McDonald calls a “Liz Truss moment”: a surge in bond issuance that could trigger market chaos. In this eye-opening interview, The Bear Traps Report founder and bestselling author joins James Connor to explain why we’re entering a stagflationary regime eerily similar to the 1970s and why your portfolio needs to adapt.
Topics discussed in part I:
Why the U.S. faces a debt-driven crisis of…
The skinny
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