NUGGETS OF ALPHA
Global debt has jumped $10T in the first half of 2023 despite rising interest rates
Global Debt to GDP is expected to be at ~337% by the end of 2023
U.S., Japan, U.K., and France are responsible for 80% of the new debt in 2023
U.S. debt ceiling is eliminated until 2025
The debt per taxpayer now exceeds one-quarter of a million dollars
U.S. unfunded debt has risen by 14.79% in the last year
Half of the U.S. debt is scheduled to roll into a ~5% interest rate coupon
The total U.S. annual interest is twice the total market cap of Bitcoin
The world interest on debt is now 22% of annual GDP
BTC is a hedge against government spending and the risk of a great reset
Measuring all value based on a fiat currency is a problem. The rise in public debt is like nothing we have seen in history as we enter an era of accelerating debt and deficits. I will prove this with data in this study…be prepared to be alarmed!
This growth happened within the first six months of 2023 despite rising interest rates curbing banking credit.
This graphic always stuns me: pallets of stacked $100 bills compared to a human avatar in the red shirt, then zooming out to get a visual of how much $1 Trillion actually is:
$1B worth of cash or 8 pallets
$1T worth of cash
Imagine you have a house worth $500,000 with a mortgage of $300,000. Your debt-to-GDP ratio is 60%, meaning you have $60 of debt for every $100 of equity in your home.
Now, imagine
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