Authored by Matthew Piepenburg via VonGreyerz.gold,
In late December, I published a final report on the themes of 2023 while looking ahead at their implications for the year to come.
I repeated my claim that debt markets and debt levels made the future of Fed policies, currency moves, rate markets and gold’s endgame fairly clear to see.
Of course, as facts change, opinions change as well.
But the facts are only worsening, which means my opinions in late 2023 are only growing stronger as we conclude the first month of 2024.
Then as now, the debt-soaked US is tilting ever more toward policies which will weaken its currency, wound its middleclass and reward its false idols (and false markets) with even greater desperation.
In particular, some recent facts below are emerging which further support my otherwise sad conviction that the American economy (not to be confused with its Fed-supported stock exchanges) is literally living on borrowed time.
Read it all: https://www.zerohedge.com/markets/us-living-borrowed-time
