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The Government Debt Crisis
I think we are headed for some sort of government debt crisis I said that there's gonna be three prongs to this financial crisis one Was these long-dated bonds having unrealized losses, which is causing problems in Regional community banks. The second piece of it's the commercial real estate Crisis, which I think is metastasizing right now and also going to be a banking crisis once all those unrealized losses come to you And the third piece of it is government debt crisis We have this 32 trillion-dollar debt that we're now having to refinance at much higher interest rates. By 2030 over a trillion dollars of interest expense Ode by the us government every year. That’s