Five Pillars Of Debt Default

Regular readers of Gold Goats ‘n Guns know that I’ve been handicapping a major sovereign debt default to begin here in 2018 or early 2019.  But, what do I mean by that?

How does a sovereign debt default come about?  And who will default? There are a staggering number of factors that feed into this thesis but, for me, to keep it simple it comes down to five important trends coming to a head at the same time. I call them the Five Pillars.

 

https://tomluongo.me/2018/07/16/five-pillars-of-debt-default/

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