The U.S. Debt ‘Black Hole’: We’ve Crossed the Event Horizon | Greg Weldon & Andy Schectman
The U.S. Debt ‘Black Hole’: We’ve Crossed the Event Horizon | Greg Weldon & Andy Schectman
Miles Franklin Media: 2-23-2026
Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, sits down with Greg Weldon, CTA and Publisher of the Global Macro Strategy Report, to break down what Weldon calls the U.S. debt “black hole” and why the global financial system may have already crossed a point of no return.
Weldon explains how decades of monetary policy, rising debt dependence, and geopolitical resource competition are reshaping markets, currencies, and global power structures.
From yield curve control and inflation dynamics to gold’s role as a measure of trust, Schectman and Weldon explore why today’s economic pressures may signal a fundamental shift in the financial system.
As debt accelerates beyond sustainable growth, Weldon argues the consequences could include persistent inflation, declining purchasing power, and a lower standard of living, while gold increasingly reflects a growing loss of confidence in the monetary system.
In this episode of Little by Little:
The U.S. debt “black hole” and financial system tipping points
Why markets may have crossed an economic event horizon
Inflation, deflation, and the future of purchasing power
Yield curve control and Treasury market risks
Gold as a signal of declining trust in global finance
00:00 Coming Up
01:15 Intro: Greg Weldon
09:21 Markets Then vs Now
13:23 No Relief Valve
18:06 World War III: Resources
22:55 Debt Tipping Point Black Hole
25:03 Monetary Armageddon Scenario
27:13 Inflation Meets AI Deflation
29:22 Physics Cycles & Volatility
32:26 Gold as Trust Barometer
34:19 China Resources & Rare Earths
38:49 Advice for Young Investors
40:36 Diversify Beyond Stocks
45:56 Closing Remarks