Massive Debt Market Defaults Coming as Dollar Loses International Confidence

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Ian Everard of Ark Silver joins us to discuss the health of the debt system in the US. We discuss rapidly rising consumer debt, lack of job growth, and the weakness in the treasuries due to the yield curve inversion.

We also address the elephant in the room - Russia pegs the Ruble to gold and requires payment in gas exports in Rubles. What does this mean for the petrodollar and the strength of dollars in international markets?

#petrodollar #gold #recession

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