Loading ...And agree with Mauldin. The deficit, and as he says he’s being an optimist, will be well over $30 Trillion, as he mentions later – “We will be in that $40 trillion range somewhere around 2026–27″. Since it’s “monopoly money” anyway it shouldn’t really matter. Deficits and loans can and should be forgiven.
The only thing saving the USD at the moment is that it’s the worlds reserve currency and people are manipulated into believing it actually has value and are willing to sell real goods and labor for worthless paper.
When/if that ends, gold will soar and the Crimex will cease to function, unless the banksters are somehow on the right side of the trade.
Lastly, I love this comment from Mauldin, although I’m not sure that this is just “practice”.
We are experiencing a practice round for The Great Reset.