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John Duarte: “All the major economies of the world are printing hoards of…”

Featuring: John Duarte, Republican | Former U.S. House, California, District 13

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The 13th Congressional District w/ John Duarte

Published | Video Starts at 47:33

Competition from the government, higher rates coming because the government's moving an atrocious amount of debt and our sovereign debt isn't any different in pattern, maybe only scale, than what's happening in Europe and other countries. All the major economies of the world are printing hoards of sovereign debt. that's sucking up all the liquidity out of the markets and making it very difficult to find resources to expand business with. Yeah. (47:33–47:39)

CLAIM

Asserts that major world economies are printing large amounts of sovereign debt.

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