#debt #debtcrisis #default #moneyprinting #qe #centralbanks #leveragedloand #derivatives #financialcollapse #bankofengland #federareserve
Today we will go over an interview Mervyn King or Lord King who was the governor of the Bank of England gave to the Daily Telegraph recently. In this interview, he warned about the huge amounts of debt not only taken since the health crisis kicked off in 2020 but also all the debt that had been built into the system since the GFC of 2008.
Marvyn King Telegraph article: https://www.telegraph.co.uk/business/2020/06/25/covid-debt-timebomb-could-trigger-new-financial-crisis-warns/
The NATO Flu on the maneco64 blog: https://www.maneco64.net/post/the-nato-flu
maneco64 video from over a year go: Are the Leveraged Loans Today's Subprime Mortgages?:
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