The U.S. is borrowing faster than the world saves (see chart). Creditor nations keeping the U.S. government solvent. Will China and others follow Russia and Turkey's lead?
The creation of the Texas Bullion Depository represents a power-shift away from the federal government, and sets the foundation to undermine the Federal Reserve’s monopoly on money.
Do We Still Need Banks In The Age Of Fintech? When was the last time you set foot in the bank? What is the future for fintech startups? Unbundling and disruption wins. What is the fintech hub to watch in 2019? Singapore, London, NYC, Silicone Valley, Zug?
Total US Government Debt Trillion. Total of U.S. Federal, State & City Debt Exceeds $200 Trillion Dollars. Too Many Trillions. Rapid Maturity. Leverage Plus Leverage. Circling Vultures.