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Biggest Bubble in the Economy Isn’t Bitcoin (BTC) – It’s the Bond Market: Max Keiser


Biggest Bubble in the Economy Isn’t Bitcoin (BTC) – It’s the Bond Market: Max Keiser

As economies around the world wrestle with the current global health crisis, upending industries while driving sledge hammers into small companies in need of support and big companies in need of bailouts, Max Keiser argues that sovereign bonds represent the biggest bubble in the economy – not Bitcoin or gold. On the latest episode of the Keiser Report, co-host Stacy Herbert presents a chart shared on Twitter by Holger Zschaepitz, the senior business editor at German news outlet Welt. The chart depicts the bond crash in the wake of the global coronavirus pandemic. Says Herbert, “[The chart] is comparing the situation in the financial markets, in particular in the monetary policy markets – this is Covid-19 killing off the fiat system. And the bond market, as we’ve always warned – it’s been in a bull market for the past 40-50 years – is the biggest market of all.” Read More...