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Greenspan: “Debt, Deficits and Entitlement Programs Are All Coming to a Head In a Few Months, All Over the World”

Former Fed chief Alan Greenspan told CNBC last week:

Debt, deficits and entitlement programs are all coming to a head in a few months, all over the world.

This is very interesting, given that financial luminaries such as Ray Dalio, Kenneth Rogoff, Bill Gross, Kyle Bass, BCA Research and John Mauldin think that we’re at the end of a debt supercycle.