Sovereign Debt Reshapes Global Economic Stability

Lyn Alden, founder of Lyn Alden Investment Strategy, warns that rising sovereign debt levels, political polarization and fiscal dominance are reshaping global economic stability and raising geopolitical risk. She highlights that 2024 emerging-market yields exceeded $115 billion, while sovereign crises more often trigger currency devaluation than nominal defaults. Alden argues Federal Reserve independence is constrained by debt dynamics, prompting portfolio implications for gold, emerging markets, and decentralized finance.