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Interview: The Credit Bubble Popped

I was recently interviewed by Addison Wiggin for his podcast The Wiggin Sessions.

Addison is a financial writer, publisher, filmmaker and the author or co-author of a number of great books, including Empire of Debt, Financial Reckoning Day, and Demise Of The Dollar.

We had an interesting conversation, which I hope you will watch now.

We discussed:

  • How the United States went from very low inflation to very high inflation so quickly.
  • The forces really driving the economy and the financial markets in the 21st Century.
  • The new boom in Consumer Credit.
  • Which is the greater threat: Government Debt or The Debt Ceiling?
  • The outlook for interest rates and the value of financial assets.
  • Why the United States is about to be overtaken by China economically, technologically, and militarily; and what the US can do to prevent that from happening.

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