We’re in a Debt Bubble — And the Pressure Is Building.

Wellum sees a global debt bubble and AI overinvestment colliding with sticky inflation, favoring hard assets over long bonds or index exposure until rates peak.

• Debt bubble warning: Wellum flags $350 trillion in global debt and over $40 trillion in U.S. federal debt, with interest costs at 3.75% on that debt approaching $1.6 trillion, potentially 26% of federal revenue vs. historical 8-10%.
• Interest may eclipse Social Security: Wellum says debt-servicing costs could surpass Social Security's 22% share of the U.S. budget within a year or two.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.