by Nathan McDonald
Sprott Money
The world remains steadfast, tightly gripped in the midst of the COVID-19 pandemic. However, there is another calamity lying in wait, one that is sadly unavoidable at this point.
The debt bomb is primed, set, and ready to go off, not just in the United States, Canada, or the United Kingdom, but rather across the entire world.
There is no escaping it, but there is still time to prepare.
Economic Disaster After Economic Disaster Has Taken Its Toll
The dot com boom and bust, the housing collapse of 2008, and now the economic ruin caused by COVID-19 lockdowns have all systematically chipped away and destroyed the foundation of many economies across the world.