Our economy, propped up on cheap money, is on the brink. The foundation is crumbling, and as we return to normal interest rates, the entire structure - banks, economy, government - is at risk. The rate disparity is absurd: a 5.5% six-month T-bill vs. a 4.7% thirty-year bond. It’s illogical. A thirty-year bond should be at least 7.5% to reflect the additional risk. We’re witnessing a topsy-turvy financial world in real-time. This clip is from my interview with Darren Moore, recorded September 16, 2023. #economy #cheap #money #foundation #rates #tbills #usa