Unraveling the Liquidity Cycle with Raoul Pal & Darius Dale
Real Vision: Finance & Investing
00:00
The Role of Liquidity in the Economy
All the major governments got to 100% of GDP in debt, except Japan. So therefore, the government crowds out all of the private sector just by its interest payments. I'll show you some charts of this. But yes, it's the reason that that's where the government can do it. It sticks it all on to knock crowd out the private sector because if not everything blows up.
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