The long-term trajectory of global debt remains a significant concern, with no clear plan for sustainability from major economies.

“the trajectory of where the world's heading isn't changing. That is to say, there's no plan to pay down debt or even get it on a sustainable trajectory.”

Rising debt and unfunded entitlement liabilities will cause a significant decline in the US dollar's purchasing power.

“I believe that because of the accumulated debt and deficit particularly off balance sheet debt uh entitlements and the unfunded entitlement liabilities that the purchasing power of the US dollar over the next 10 years is going to decline by 75%.”