EXPECT A DEBT MARKET "NUCLEAR MELTDOWN" TO OCCUR... AND THIS IS WHAT TO LOOK OUT FOR. Mannarino
From Greg M
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USA is number 8 in debt to gdp
https://worldpopulationreview.com/countries/countries-by-national-debt
Japan (National Debt: ¥1,028 trillion ($9.087 trillion USD))
Greece (National Debt: €332.6 billion ($379 billion US))
Portugal (National Debt: €232 billion ($264 billion US))
Italy (National Debt: €2.17 trillion ($2.48 trillion US))
Bhutan (National Debt: $2.33 billion (USD))
Cyprus (National Debt: €18.95 billion ($21.64 billion USD))
Belgium (National Debt: €399.5 billion ($456.18 billion USD))
United States of America (National Debt: $19.23 trillion (USD))
Spain (National Debt: €1.09 trillion ($1.24 USD))
Singapore (National Debt: $350 billion ($254 billion US))
USA does not look so bad given USD is the world's reserve currency
https://www.statista.com/statistics/264647/national-debt-of-selected-countries-in-relation-to-gross-domestic-product-gdp/
Quite a few people got badly whacked by the King Dollar today. EuroDollar debt, which is several times more than total dollar debt, is the cause to a large extent. In Europe, even a shoe-shining boy will tell you that dollar is finished. Most Americans also believe in that too. So ... the opposite happens. Everybody has already sold the USD