Today, Grant Williams, macro strategist extraordinaire and co-founder of Real Vision TV (with Raoul Pal), posted a video on the RV site titled “Crazy”. In it he summarises the mind boggling global debt situation and goes on to highlight some of my favourite arguments that I refer to in my blog regarding the relative “bonanza” to be found in long dated US Treasury bonds and why I consider bond bears to be a little naive and narrow minded in the face of the current macro environment.
I urge you to read and watch the video, it is entertaining and one of the most informative videos you will find on any media right now. I subscribe to Real Vision and I wholly recommend it to my readers and to anyone who feels challenged or confused by the environment we live in.
Best,
Charlie Ledezma
