When the US and global "Debt Bubble" explodes, it will be spectacular -

- When the US and global "Debt Bubble" explodes, it will be spectacular -

On May 17, 2024 (local time), "SHIFFGOLD" is posting a post titled "Not Just The US: Global Debt-To-GDP Ratios Are Skyrocketing."

In other words, the content is now "not just the United States, but the global debt-to-GDP ratio is soaring."

However, if you read this post, I would like to introduce some of the contents that I have claimed so far.

The first is that when discussing the US national debt, the US national debt is so out of control that, ironically, even the Federal Reserve Chair has expressed concern about the problem (The US national debt is so out of control that, even the Federal Reserve Chair has expressed concern about the problem).

Second, while the biggest increases in sovereign debt are in the United States and Japan, emerging markets such as China, India, Brazil and Mexico are also seeing gains due to the biggest debt-to-GDP ratio increase this year.

He is also saying something about the Republic of Korea.

In other words, China's ratio of consumer debt to GDP, along with Thailand and Korea, is still higher than pre-COVID levels.

Third, "if you're trying to fight against inflation that worries consumers, you have to raise interest rates, but the Fed, on the other hand...If interest rates are cut as planned, inflation will be even greater ("If it tries to fight inflation, which is worrying the consumer, it's got to raise interest rates, on the other hand, if the Fed…"cuts them as planned, inflation’s gonna get a whole lot worse.)라는 것이다.

In this regard, I posted through several postings that the Fed should raise its key interest rate if it wants to save the United States, and the Bank of Korea also stressed that raising the key interest rate rather than lowering the key interest rate is the way to prevent the won's depreciation and catch high prices.

Fourthly, a recent CPI report suggests that while the Fed may cut interest rates in September, U.S. debt will continue to grow unsustainably regardless of whether it does or not.

And the debt bubble is a worldwide phenomenon, and when it explodes, it will be spectacular (when it popes, it's going to be spectacular).

On this part, I also wrote, "The Fed's monetary policy analysis of May 1, 2024 and the long-term economic outlook of the United States," on May 4, 2024,

And on May 15, 2024, through a post saying, "The day is coming when the bubble of the American economy will burst."

Why? It specifically explained whether the U.S. economy's bubble will burst.