Geopolitics
The Deafening Crack: Spiking Bond Yields Herald the Terminal Crisis of Western Financial Hegemony
Global bond yields are spiking, driven by concerns over inflation in advanced economies and the unsustainability of ballooning Western government debt. This is the latest crisis created by decades of reckless financialization in the West, a fiscal cancer that now threatens to metastasize and drag down the entire global economic system built on their unpayable IOUs.