Joshua Luiz retweetledi

When I say that the monetary order is breaking down, I mean that fiat currencies and debt as a storehold of wealth are not being held by central banks in the same way they were in the recent past.
That reality is largely being driven by the same forces that drive The Big Cycle.
Today, we know that both the holders of US dollar denominated debt (other countries) and those who need it (the US) are worried about each other for geopolitical reasons.
That becomes a big problem when you’re producing a lot of debt — which the US continues to do.
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