We start today’s double podcast by assessing why US debt is now really a problem and how there is also a broader indication that is being recognised inside the wider financial sector. We then move on to assessing the recent announcement by SWIFT regarding CBDCs and what it means in reality. We then discuss why the ballooning private equity sector is now finally being recognised as something which central banks need to be paying more careful attention to regarding the risks it poses to the wider financial sector, as well as itself. We conclude by assessing why the US is finally admitting that it cannot compete with China in industry and manufacturing and is having a childish tantrum about it in the process.

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