…Long Live the American Dream
Raoul Pal: Real Vision
00:00
The D One Pattern I'm Detecting Is Bonds Are Rational
The one pattern I'm detecting here is this depasement was blowing bubbles into equities. As we saw in the run up to 2001, then we saw it in real estate in 2008. Where we are today, it looks like they're just directing this into government bonds. Aren't we blowing a bubble into US treasure? I don't think I don't believe so because as we mentioned, demographics defined CPI and GDP growth. You can't change that. So once you've got this, we need to figure out what we can do.
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