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Strong Winds Ahead

In this video, famous hedge fund manager, Stanley Drukenmiller, explains how the servicing of public debt will reach dangerous levels as a % of GDP by 2050, on the basis of 4.9% interest rates on average. Most governments will struggle to maintain their current social security and healthcare programs in place, with the current aggressive cycle of higher interest rates.

He calls this negligence from Central Banks a GENERATIONAL THEFT.

Here is the link to the video:

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