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Meb Faber x.com
๐๐ผ๐ป๐ฑ๐ ๐ฏ๐ฒ๐ฎ๐ ๐ก๐ฎ๐ฝ๐ผ๐น๐ฒ๐ผ๐ป, ๐๐ผ๐ฝ๐ฝ๐น๐ฒ๐ฑ ๐ฎ ๐ฝ๐ฟ๐ถ๐บ๐ฒ ๐บ๐ถ๐ป๐ถ๐๐๐ฒ๐ฟ, ๐ฎ๐ป๐ฑ ๐บ๐ฎ๐ฑ๐ฒ ๐ง๐ฟ๐๐บ๐ฝ ๐ฏ๐น๐ถ๐ป๐ธ. ๐๐ผ๐ฟ๐ถ๐ป๐ด ๐๐ต๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐ป๐ผ๐. My guest today is Robin Wigglesworth (@RobinWigg), editor of @FTAlphaville and author of A Fabulous Debt, a thousand-year history of the market that sets the price of everything else. We get into: โข An Austrian 100 year bond that lost 80%, while a defaulting Argentina paid off better โข Why T-bills feel safe but can lose you 50%+ in real terms after inflation โข Is private credit the next systemic blowup? โข Why the $12 trillion repo marโฆ
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11 September
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