It’s an historical fact that all empires collapse under the weight of their own debt.
Be honest here, you don’t want to hear that and neither do I.
We want to ignore facts hoping that someone will lead the cavalry to rescue us at the last moment.
It’s a nice thought, but…(sigh!) it ain’t gonna happen.
I’m not saying we’re doomed to collapse like the Whores-of-Babble-On presstitutes are saying.
However, by 2021 maturing debt in America should serve as a major wake-up call.
In addition to the political chaos we’re seeing now and through 2020, we’re looking at a major crisis going into 2021.
I’m talking about over $2 TRILLION in investment grade corporate debt maturing.
Let that sink in for a moment…
During the Zero Interest Rate Policies (ZIRP) following the 2008 meltdown, many corporations borrowed major bucks to fund themselves for the short term.
It was a great idea for cheap financing (a gift from the FED).
However, time is running out.
The debt must be refinanced and you can bet (and should bet) that this will push rates up from 2021 onward.
This is going to present some very interesting problems…can you say: “BOND MARKET CHAOS/REPO CRISIS.”
Where will all that money go?
Don’t be fooled by the recent market jitters – 900+ points – Pffftt, “Tis But a Scratch.”
WE continue to believe that The Most Hated Bull Market in History will be the primary beneficiary of this bond market crisis.
In other words, most of you who are scared of this Coronavirus market shakeout will likely miss out on the “Trade of the Century.”
Learn more about it by subscribing to our “…In Plain English” Newsletter:
Go ahead…click the link.
You’ll thank us later.
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