The world is drowning in debt, a ticking time bomb created by artificially low interest rates. Central banks, in their pursuit to maintain these rates, unleashed rampant inflation, misleadingly masked by flawed consumer price measurements. Now, as inflation rears its ugly head in consumer prices, interest rates rise, revealing the unsustainable burden of debt. Governments, businesses, households - all leveraged beyond return. The U.S. sits at the epicenter of this impending financial catastrophe. This clip is from Episode 180 of Kickoff Sessions with Darren Lee, recorded October 22, 2023. #world #debt #problem #centralbanks #rates #inflation #usa