The US debt to GDP ratio will reach 130% by 2035, and when this 'hockey stick' growth starts, there will be a rebellion in markets globally due to foreign ownership of US government debt.
"if you look at that 100% of debt to GDP I think 1935 it's going to be 130% and it's a hockey stick so that hockey stick doesn't start yet we kind of got time but when it starts markets around the world around the world by the way because you know foreigners own you know7 trillion dollar of of US Government debt there will be a rebellion"
