🔴 They're About To FLOOD The Market And Start Printing | Alasdair Macleod

Macleod describes a debt feedback loop in which French government debt is growing roughly twice as fast as GDP, while contracting output and higher yields weaken debt-paying capacity and can push yields higher still. He says France's CDS rate rose from roughly 33 to 80 in two or three weeks and interprets the broader CDS increases as markets anticipating contracting GDP alongside rising inflation.

Macleod reads Treasury yields as having technically broken out, projecting they could reach 10%–20% and citing a 14% logarithmic-chart target; separately, he predicts rates around 5.5%–6% could trigger a stock-market crash. He says a crash could undermine confidence and put the $4 trillion–$5 trillion in equity-market collateral held by banks at risk, while foreign investors could flee a market valued at just under $25 trillion.

Macleod argues that if authorities intervene to prevent borrowers from failing, the resulting government, Treasury, and Fed credit creation—what he calls QE—would come at the expense of currency purchasing power. He questions the reported U.S. inflation rate of roughly 2.8%–3% and guesses Shadow Stats' John Williams might estimate inflation at about 7%, while explicitly saying he does not know Williams's current figure.

Macleod says public-spending cuts are politically unlikely as the U.S. economy slows, and argues that falling tax revenues and rising welfare commitments would worsen the fiscal outlook; he predicts a stock-market crash and Fed-Treasury bailout would raise the deficit further. In the UK, he says the chancellor faces fiscal reality around the expected October 26 budget while managing pressure from backbenchers he describes as far-left and elected to protect and increase welfare.