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Michael Pento - The Coming Bond Bubble Collapse

SEP 19, 2016

Chris Marten of ChrisMartensondotcom Interviews this week's podcast with Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history.

He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy.