Japan's bond market warning

Governments aren't going to pay this debt down in real terms. More likely, they pay it back in weaker money.

Luke Gromen argues we're already deep into a sovereign debt cycle - and that AI could speed up the moment it really starts to crack.

In this interview we discuss how the system works: leverage, entitlements, interest costs, bond markets - and what happens when deflation hits an economy that depends on inflation to stay upright.

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TIMESTAMPS: 00:00:00 – Debt Reality 00:01:57 – Math vs Politics 00:06:26 – Already In It 00:08:51 – Japan Warning 00:14:38 – Acute Phase Risk 00:15:32 – What To Do 00:21:33 – End Of The Cycle 00:34:13 – AI Disruption 00:40:20 – 2007 Parallel 00:49:07 – UBI & Politics 00:58:02 – Sovereign Insolvency 01:08:26 – Meaning & Collapse

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CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/

CONNECT WITH LUKE GROMEN › X/Twitter – https://x.com/LukeGromen › Website – http://fftt-llc.com/

SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/

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LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM

FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

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