"Since 1800, in 51 out of 52 cases where a country’s debt-to-GDP ratio reached 130%, the country eventually defaulted. The only exception is current Japan, who is frankly in the final stages of circling the drain (e.g., central bank asset purchases and yield curve control).

Where is the US now? 129% debt-to-GDP."

The Bondholder's Burning Platform

An inflationary inferno is coming this decade. Find out which assets in your portfolio will withstand the heat & which will go up in flames

https://www.onceinaspecies.com/p/the-bondholders-burning-platform