They are going to have to print ungodly amounts of money to fill the holes in the retirement funds of boomers that this private equity + private credit bubble popping is about to create. When you add unfunded federal government liabilities to the private market shortfalls the problem becomes systemically cataclysmic. The Big Print is around the corner. The tremors are getting louder and more frequent. And unfortunately for everyone who cares about affordability, this cascading failure couldn't come at a worse time. If World War III expands from here, the inflationary pressures driven by energy and materials supply chain disruptions will only exacerbate price increases driven by the money printing that will be necessary to fill the bankrupting of retirement funds driven by private equity. Hyperinflation is about to accelerate from here.

TFTC
@TFTC21
03-08
Chris Whalen: "Private credit could be one of the biggest busts we've ever seen on Wall Street."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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