
SLP432 James Lavish The Great Debt Spiral
Stephan Livera Podcast
00:00
Are You Referring to the Broader Cycles?
Every G7 is now carrying debt to GDP over 100%. Germany has their own issue because they're part of the EU and the Eurozone. And yeah, that's going to be a problem because they have structural issues there. The UK raised rates this morning, 75 basis points, well, they're still way behind the US,. They've got inflation that's above the US. It's over 10% and they're expecting to come in at 11%. Yet, the Bank of England is saying, you know, we think that the market is overestimating the number of hikes that we're going to do.
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