America Inc.: The next Evergrande?

[Bill Bonner’s Diary]( America Inc.: The Next Evergrande? By Emma Walsh, Managing Editor, Bill Bonner’s Diary With $300 billion in unpayable debt, Chinese property developer Evergrande provides a cautionary tale of what happens when you borrow more than you can afford… But at least Evergrande leaves behind a whole pile of real assets – property and infrastructure. This week, Bill wonders: Will the U.S. economy be the next Evergrande? And besides hyped-up NFTs, cryptos, and meme stocks, what would be left behind if it all came tumbling down? Regards, Emma Walsh Managing Editor, Bill Bonner’s Diary --------------------------------------------------------------- [image]( [When Numbers Fib]( There are few real facts in life… and fewer still in the COVID-19 story. We’re told one in 500 Americans have died of COVID-19. Strangely, for a Plague Year, the U.S. population actually rose by one million people last year. --------------------------------------------------------------- [image]( [No So Evergrande After All]( Chinese property developer Evergrande is $300 billion in debt… and it’s broke. If it defaults, the shockwaves would be felt in markets around the world. The Dow closed down more than 600 points on the news. --------------------------------------------------------------- [image]( [America’s Evergrande Economy]( If spiraling debt is a precursor to a fall, then the U.S. economy is right on track. Total U.S. debt is now almost 4 times GDP… up from 1.65 times in 1980. And there’s nothing to show for it – except meme stocks, stonks, and NFTs. --------------------------------------------------------------- [The End of the World As We Have Known It]( Today’s America is nothing like the booming America of 1929, Japan in 1989, or China today. It is not on top of the world; it is an economy already on the way down. Yet asset prices are still in a bubble. But a bubble always finds its pin… --------------------------------------------------------------- [image]( [When Anything Goes, Everything Goes]( The fundamental principles that guided the American Republic are being chucked in the river. Now, it’s “anything goes.” But when anything goes… everything goes with it. --------------------------------------------------------------- [image]( [It’s Time to Profit From Apple’s “Ripple Effect”]( Tech investing expert Jeff Brown just exclusively revealed the details of an event he calls “The Flip” – a once-in-a-decade investment event tied to the new Apple iPhone launch… And now is the perfect time to get positioned for profits. Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com. Recommended Links --------------------------------------------------------------- [image]( [Crypto insider warns: “Bitcoin is NOT digital gold… THIS is…”]( “If you suspect Bitcoin is going to crash, I just want you to know, you’re right.” -Jeff Brown Prepare now, and get rich later… [Here is the truth about Bitcoin that no one else will tell you.]( [image]( [Biden’s Next Move will Stun Americans]( Nobody thought he’d be crazy enough to do this. But it’s happening. This bill is working its way through Congress right now… And if it’s approved, it will have a huge impact on millions of Americans… Maybe even you. The mainstream media will definitely NOT cover this. [But click here now to see what’s going on.]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Ultimate Guide to Taking Back Your Privacy]( [image]( [An Insider's Guide to Making a Fortune from Small Tech Stocks]( [image]( [The Gold Investor's Guide]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Share]( [FACEBOOK]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Rogue Economics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@rogueeconomics.com). © 2021 Rogue Economics. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Rogue Economics. [Privacy Policy]( | [Terms of Use](