by David Russell
GoldSeek
A quiet crisis is unfolding. Interest payments on U.S. debt are now poised to overtake defence spending. Japan’s central bank has become its bond market. And France? It hasn’t balanced a budget since disco was popular.
What we’re witnessing isn’t a string of isolated fiscal missteps. It’s a global monetary system steadily unravelling under the weight of its own contradictions: debt without discipline, spending without accountability, and policies driven by short-term political survival.
In our latest GoldCoreTV episode, “The Coming Collapse And Why Gold Is Your Lifeline”, we cut through the economic theatre and expose the structural rot. From bonds that no longer offer safety, to governments betting their future on ever-looser money, we explore how market signals from gold’s breakout to the collapse in oil rig counts are screaming what policymakers won’t admit.