Saturday, January 16, 2021

Tag: US DEFICIT $4T & DEBT $28T – WHERE IS THE MONEY COMING FROM?

US DEFICIT $4T & DEBT $28T – WHERE IS THE MONEY COMING FROM?

by Egon Von Greyerz, Gold Switzerland:

Will the Coronavirus be the catalyst of not just a depression but also major reduction in global population? The growth in world population since the 1850s has been explosive. In the 1850s there were 1 billion people and today we are 7.8 billion. Although many “experts” have extrapolated the growth to 10 billion and more in coming decades, this has in my view not been based on sound reasoning. Instead, as I been writing about and discussed many times the spike in population that we have seen in the last 170 years will not end well.