Government's Financial Ponzi Strategy at Risk of Collapse Under Interest Rate Pressure

Rising interest rates are rupturing the global bond market’s extended period of falling yields, with the U.S. ten-year Treasury yield jumping from 0.5% to 4.8%. Central banks’ attempts to control inflation, partly of their own making, have backfired, leading to an investor exodus from U.S. debt amid soaring national deficits. The world braces for the economic fallout, with recessions looming as the reality of a debt-fueled Ponzi scheme comes to light. With no solution in sight, the only expectation is a future of devalued currency and persistent inflation.