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The Sovereign Debt Crisis Is Coming | Brent Johnson
Forward Guidance
Is There a Sovereign Debt Crisis?
If treasuries are not being bought and interest rates go higher, i think we have a sovereign debt crisis. Government cannot fund itself, but the british government can fund themselves. We're mainly doing it through currencies because that will be the outlet. But then we're also playing kind of the second and third knock on effects of these currencies going down. And so far we haven't done the bonds discause we're not there yet. Maybe when, when, when it kicks off and we see an opportunity,. perhaps we'll do it that way.
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