Central Banks Cannot Fix The Sovereign Debt Bubble
Global investors spend a great deal of time worrying about an alleged artificial intelligence bubble. However, they should pay more attention to the government debt bubble.

Global investors spend a great deal of time worrying about an alleged artificial intelligence bubble. However, they should pay more attention to the government debt bubble.
By Daniel Lacalle, Mises Institute
Global investors spend a great deal of time worrying about an alleged artificial intelligence bubble. However, they should pay more attention to the government debt bubble.
The most dangerous assumption is that governments can keep borrowing and making promises because central banks will always step in, disguising fiscal…
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