The Debt Spiral Just Started — And the Bond Market Is Breaking

Tom Bilyeu breaks down Andrei Jikh's analysis of the global financial system, focusing on the escalating U.S. debt spiral, the potential breaking point of the bond market, and the cycle of money printing that erodes purchasing power. They discuss how China operates under different economic rules, how the U.S. government outsources risk to everyday people while protecting asset investors, and why financial crises consistently result in greater wealth concentration at the top. The conversation highlights the structural imbalances that could trigger unexpected market moves.