Wall St. For Main St., Released on 2/6/21
With bond prices still holding up in the US and globally more governments and even some large publicly traded corporations are now considering copying Argentina and selling 30 year, 50 year or 100 year bonds.
But will bond investors take the bait and allow governments to stagflate tax lie and inflate the debt away while the global debt Ponzi scheme keeps growing to $300 trillion total debt and larger that can never mathematically be paid back or even serviced?
And yet government debt and corporate debt keeps growing globally thanks to central banks and short sighted bond investors!
Analysis: Ultra long bonds are back in force as rock-bottom rates create sweet spot https://www.reuters.com/article/us-gl…
The problem with a 100-year US government bond https://qz.com/1962075/the-problem-wi…
Wall Street voices doubts about U.S. ultra-long bond https://www.reuters.com/article/usa-b…
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.