Jim Bianco: Repo Stress, $38T Debt, AI Jobs, Bitcoin Adoption & Chicagoâs Pension Trap Chicago canât go bankrupt⦠and the Fed is ânot doing QEâ while buying tens of billions in Treasuries to keep the funding markets from cracking. So what happens next: higher inflation, higher long rates, and a steeper yield curve â” or a policy pivot that no one wants to admit? In this episode of the Futureâs Edge, Jim Iuorio and Bob Iaccino are joined by Jim Bianco (Bianco Research) for a fast, blunt conversation on whatâs really happening beneath the headlines: What we cover: – Chicagoâs fiscal trap: why investors still buy Chicago bonds, and the Chicago Public Schools as a massive junk issuer – The real issue: Illinoisâ constitution and why âno Chapter 9â changes everything –
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