Opportunity In Crisis | Gordon Long

Yes, we're in a debt trap. But that's also giving investors an edge.

Total US federal debt now stands at $35.34 Trillion, now exceeding US annual GDP by $10 trillion.

It has been growing at a faster rate than GDP for many decades.

That dynamic shows no signs of reversing or even moderating.

And on top of the federal debt lies the borrowing of households, businesses, financial institutions and state & local governments.

When you add all that up, the total US debt exceeds $100 trillion.

So what does that mean for the future?

Are we hurdling towards a sovereign debt crisis, as a number of analysts warn?

Or is there reason to hope the economy can handle this debt trajectory?

For guidance, we're fortunate to welcome back to the program market analyst Gordon Long of MATASII: Macro Analytics & Technical Analysis Strategic Investment Insight.

Gordon sees central planners as caught in a debt trap of their own creation. They have few options left...which spells opportunity for investors who can position appropriately for the likeliest next steps.

To learn how Gordon is positioning, click here or on the video below:

---

LOCK IN YOUR TICKET! Tickets are now on sale for our Oct 19th, 2024 Fall online conference. Buy your ticket now at our lowest Early Bird discount price:

Don’t worry if you can’t watch the conference live on Oct 19th. A replay of the entire event will be sent to everyone who registered within 24 hours of its conclusion.

---

I’m so grateful to everyone who has kindly supported me by becoming a premium subscriber to this Substack. It’s making an important difference in helping me afford the substantial operating costs of running Thoughtful Money.

Premium supporters receive my “Adam’s Notes” summaries to the interviews I do, the new MacroPass rotation of reports from esteemed experts, plus periodic advance-viewing/exclusive content. My Adam’s Notes for this discussion with Gordon are available to them below.

If you, too, would like to become a premium subscriber to this Substack (it’s only $15/mo, less than $0.50/day), then sign up now below:

---

Adam’s Notes: Gordon Long (recorded 9.9.24)

EXECUTIVE SUMMARY:

• Global debt hit a record $315 trillion in Q1 2024, increasing by $1.3 trillion in three months. Since the pandemic, global debt has surged 21%, adding $54 trillion, with government debt alone growing by $20 trillion.

• It now requires $2.50 of new debt to generate $1 of GDP in the U.S., highlighting diminishing returns on debt. Additionally, $1.50 of deficit growth is needed annually to sustain this economic output.

• With options to address growing debt and maintain economic growth becoming increasingly limited, the U.S. and other central banks are