Collateral Crisis: Why 77% of Global Lending Is Now Teetering on Edge - Michael Howell

Show Notes

Michael Howell analyzes the global financial system's vulnerabilities, focusing on the critical debt-to-liquidity ratio approaching danger levels. He explains why traditional economic measures miss the real risks of a refinancing crisis as COVID-era debt comes due at higher rates. The discussion covers China's strategic gold purchases, Treasury Secretary Bessent's refinancing challenges, and investor positioning at historically defensive levels. Howell outlines how monetary devaluation is the likely path forward and considers Bitcoin's role as a hedge against currency debasement in an increasingly unstable monetary system. Crossborder Capital on Twitter: https://x.com/crossbordercap Capital Wars Substack: https://capitalwars.substack.com/ Shoutout to our sponsors: Fold https://foldapp.com/marty Bitkey https://bit.ly/TFTCBitkey20 Unchained https://unchained.com/tftc/ Zaprite https://zaprite.com/tftc Salt of the Earth https://drinksote.com/tftc 0:00 - Intro 0:39 - Is liquidity crunch incoming 6:16 - Explaining the crisis 16:15 - Fold & Bitkey 17:57 - The Fed’s ineffective measures 20:47 - Powell/Trump standoff and China selling 28:20 - Unchained Evernt 29:45 - Digging out with better assets 34:52 - Bessent's reset & BitBonds 40:04 - Weimar & gold 45:29 - Cutting red tape 50:01 - Clear skies beyond the storm Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/