‘It would take a lot to shake investor confidence in US Treasury debt as the ultimate safe asset. If it did evaporate, though, the erosion of the dollar’s standing would be a watershed moment, with the US losing not just access to cheap financing but also global power and prestige.’
Discussion
Why is there confidence in Never ending debt. The worst safe asset ever. Collapse is coming
Theyl kick that can down the road as long as they can before everyone wakes the fuq up and rearlizes that there escape to this corruption is #bitcoin 🤷🏼♂️
1. Most people seem to have a very poor understanding of politics and economics.
2. Most people seem to numb their pain and bury their misgivings with good old bread and circuses.