The Fed's Quantitative Easing Program

Every 70 to 80 or 90 years, what happens is you get a debt driven contraction. This means people go out and borrow huge amounts of money. In other words, debt is the real major lea killer. When i'm talking about total debt in our country right now, wis probably an area ofo 200 to 250 % of g dp. The government a part of the debtors about, i think, a hundred and 25%. Een. These are round numbers. I don't have points and decimal points to the right. I'm curur toit. And so successive all over the world. But many european countries will be having the ine opo