Profligate government spending has institutionalized multitrillion-dollar annual deficits, which have driven up interest rates and left Treasury markets teetering on the edge. Now Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.
Good. Donald Biden (or Joe Trump) have turned the USD and US debt into a dumpster fire. The sooner other countries dump it the better their finances will be.
Good. Donald Biden (or Joe Trump) have turned the USD and US debt into a dumpster fire. The sooner other countries dump it the better their finances will be.