Bill Holter’s Commentary
As per John Exter’s inverted pyramid, we shall soon learn exactly how little gold exists versus paper/debt assets blowing up and becoming worthless.
Great Depression to our Depression: Debt Deflation Doom Loop Lessons
May 24, 2020
We are now in the crosshairs of a mega debt deflationary bankruptcy phase.
Some of our sharpest forefathers left us illustrations to better understand how this cycle operates. It helps that many both actually lived through and studied the last one fresh off it happening. No not this fiat currency bifurcated ivory tower era thinking either ( not you bailout Bernanke).
DEBT DEFLATION BANKRUPTCY LESSONS