by Bill Holter
Bill Holter’s Commentary
Erik has been saying this since 2000 because he was correct then and even more correct today as absolutely nothing has been done to fix the debt problem. 2008 was bad enough as they threw more debt at a debt problem as the fix. Will throwing 10’s of $ trillions of newly created debt money…fix debt? Nevermind the shaky creditworthiness of borrowers, the collateral has now evaporated and nothing can be done to reflate it. Sir Richard the Good named it “inflate or die”.