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MI150: Long-Term Debt Cycles & Bitcoin w/ Dylan LeClair
Millennial Investing - The Investor’s Podcast Network
The End of the Long Term Debt Cycle?
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Long term debt cycles move in 75 to a hundred year time periods. How is the end of this debt cycle maybe different than the previous one? And how did the previous one even end? Yes, i mean, you can look at it from a couple of different angles. There was a default in 19 32, when we seized everyone's gold. And then there was he default in 19 71, when e defaulted upon basically like no global central banks and their redeem ability for gold. We're in something thathave never really occurred at this scale, and is quite unprecedented. The world comes to gether, says, all right, the us. Will hold our gold, and our dollars
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