
Discussion
ππ€£ππ€£ππ€£
Only idiots believe that US will do a nominal default on its t-bonds.
?cid=2154d3d7hn7uibse2raq6mo6fhpzwkzdggy1r62jmsuvpdrh&ep=v1_gifs_search&rid=giphy.gif&ct=g
Meanwhile, the economy...
?cid=ecf05e470ab11o0jcr47gxctpyqsujkxypdivxyiqu3o65ou&ep=v1_gifs_search&rid=giphy.gif&ct=g
Treasuries donβt kill people. Governments do.
Then short It.
The thing is that when you get down to it...there is not a real difference between the financial sector and the Treasury. They are tied at the hip. The bankers print the money and the government borrows it. It's a symbiotic relationship where at this point I doubt if one could survive without the other. Either way...buy Bitcoin.
If I own a treasury bill and there is a government default, will I actually lose money?
Or will there merely be a delay in payment?
What if no payments are due on my bill at the time of the default?