The bond market is the critical constraint on policy: if it refuses to finance the deficit at any price, rates will spike, GDP growth will be strangled, and the entire strategy collapses.
causalpending
Speaker
Bill FleensteinEvidence Quote
“the bond market is the big story...Would the bond market sit idly by while they tried to gun the economy strong enough to grow our way past it?”
Source
Bill Fleckenstein: We've Gone Past The Point Of No Return, Only An Epic Crisis Can Fix— The Julia La Roche ShowCreated: 8/11/2026, 5:23:30 AM
My Notes
Loading notes...