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URGENT: Market CRASH Flash UPDATE with Raoul Pal
Raoul Pal: The Journey Man
Low Rates Fuel the Cycle of Refinancing
Cutting interest rates is essential to stimulate liquidity in the financial system and support the refinancing of existing debt. The recent decision by the Fed to potentially lower rates has led to a market recalibration, with the expectation of rates dropping to 2.5% or lower. This is critical as the economy grapples with $10 trillion in debt that requires manageable refinancing costs. Low rates are necessary to cover interest payments on this debt, perpetuating the cycle where central banks, including the Fed, must maintain lower rates to sustain financial stability.
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