US facing MOST EPIC bond bubble in the history of bubbles, strategist tells Boom Bust ...News

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US facing MOST EPIC bond bubble in the history of bubbles, strategist tells Boom Bust
source : Russia Today ( News ) () 25
Despite concerns of inflation in the wake of Covid-19 stimulus spending, the US Federal Reserve is issuing assurance that everything is under control as criticism continues to mount. RT’s Boom Bust talks to Michael Pento of Pento Portfolio Strategies about the current situation and his forecast on what to expect. Pento says that the total debt of the United States is now 400% of GDP; that’s including national debt, government debt, individual and business debts, and others. “So, the bond bubble holds the key to everything.” He points out that “The US Treasury sold $40 billion in T-bills [

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