Deutsche Bank Finds Trouble Again
Today on The Bubba Show, Dr. Bob Swarup from Camdor Global and author of Money Mania: Panics Booms and Busts is back and Bubba is ready for him. Bubba begins by asking Bob for his assessment of the Donald Trump Presidency, the doctor gives Trump a C+ for his first month. Bubba asks, “why so low?”
Bubba and Bob discuss the persistence of the debt problem. Bob tells Bubba that the only way out is to forgive much of the debt, which has been his stance for years. Bob believes the debt can never be paid back and thus makes his case to keep rates lower for longer, although the FED is on target to raise next week.