Click Here to Subscribe Now! Try a 3-month trial for only $68

Richard's Remarks

 

Today the US debt is $16.7 trillion. The entire Gross Domestic Product of the US is $15.68 trillion. This means that the debt to GDP ratio is over 105%. History shows that a debt to GDP ratio of over 100% is dangerous. With the debt now growing exponentially, we face a situation of inflation, hyperinflation or bankruptcy.

 

On another subject, we hear that the hedge fund industry has not kept up with the markets. Hedge fund managers tend to be knowledgeable and professional. If professionals can’t keep up with the stock market, what are the odds that amateurs can?

 

The current stock market has been erratic, volatile and very difficult to make money in.

 

As I see it, we are in the latter phase of perhaps the greatest debt bubble in history. A bubble can inflate just so far, and then it pops. When the current debt bubble bursts, it will ... Log in or subscribe to continue reading.


Premium Content Notification

A subscription is necessary to access premium content.

Please use the button below to subscribe in order to access all premium articles