Can the implosion of debt outstrip the printing of money?Or can the printing of money outstrip the implosion of debt?
Debt - implosion? How much? Total private debt of US is about USD40 trillion, say NPL of 5% = USD2 trillion.
Derivative debt? How much? USD60 trillion x 5% NPL = USD3 trillion
Total NPL = about USD5 trillion or 36% of GDP.
Printing of money say USD1.2 trillion. What will happen?
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