Global debt has soared to a record high.
The only reason why we're not in a full-blown global depression right now is because governments have binged even further on debt.
Don't be fooled by the soaring stock market; this is an extremely artificial environment. $TLT $IEF pic.twitter.com/e1FJVyBWS5
— Jesse Colombo (@TheBubbleBubble) February 7, 2021
More debt does not translate into more growth.
Chart via @SoberLook pic.twitter.com/LpcTMfKOGJ— Lance Roberts (@LanceRoberts) February 8, 2021
It won't' be long before the #Fed can claim the #economy has regained #full #employment. It easy when you just keep excluding more individuals from the #laborforce. pic.twitter.com/DvHPr5Rfm4
— Lance Roberts (@LanceRoberts) February 8, 2021
Pretty interesting chart when you think about it.
Small businesses have been put into shambles by the COVID shut-downs….yet no one is filing bankruptcy???? pic.twitter.com/LCYqOeZoQq— Lance Roberts (@LanceRoberts) February 8, 2021