When you state the payment on interest alone has reached $1 trillion a year that is a staggering figure. Makes me one wonder why this didn't grab more headlines. I think the issue here is as one gets closer to an active volcano the more one gets blind to its dangers and effects. We are currently in that twilight zone.
Saying that, for all the US's financial woes they are the best horse in the barn. If you are not satisfied with the stability of the US dollar, where do you invest your hard-earned cash? Is it on assets, EURs, RMBs or pound sterling? To avoid being eaten by the bear you don't have to be faster than the bear. You only need to be faster than the slowest person running from the bear. Who will the bear eat first? That is the big question!
- FSoA Sovereign Debt Hockey Stick Blues
Started by monsta666 Feb 12, 2024, 03:03 PM
Message path : / Society / The American economy / FSoA Sovereign Debt Hockey Stick Blues #7
Selected path :