Former Bank of England Governor Mervyn King Warns of a Debt Time Bomb.

#debt #debtcrisis #default #moneyprinting #qe #centralbanks #leveragedloand #derivatives #financialcollapse #bankofengland #federareserve

Today we will go over an interview Mervyn King or Lord King who was the governor of the Bank of England gave to the Daily Telegraph recently. In this interview, he warned about the huge amounts of debt not only taken since the health crisis kicked off in 2020 but also all the debt that had been built into the system since the GFC of 2008.

Marvyn King Telegraph article: https://www.telegraph.co.uk/business/2020/06/25/covid-debt-timebomb-could-trigger-new-financial-crisis-warns/

The NATO Flu on the maneco64 blog: https://www.maneco64.net/post/the-nato-flu

maneco64 video from over a year go: Are the Leveraged Loans Today's Subprime Mortgages?: https://youtu.be/-AYArHriYLs

SUPPORT MANECO64:

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64
Crypto donations:

BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
BSV: qr20w4glrt5urr63c2xrqaxa3ken2qy5hqdxr3kv34
ETHEREUM: 0x990C216CE9218943307319D5F9DAd602A9A872DC
BAT Currency: Uphold a/c name maneco