NEW: 🇺🇸 US investors would rather trust their money in #Bitcoin than the dollar if the US hits the debt ceiling - Bloomberg
Discussion
The people answering treasuries to this question are clearly not professional investors 🤦♂️
Yeah, something seems wrong with the survey respondents
I was about to say, who was sent this survey and how many people did they talk with
14% of surveyed professional investors would buy more US debt after a default 🤯
I pray for their customers….
It won’t be a actual default. They’ll furlough certain non-essential federal workers who will eventually get paid their back wages. Then they’ll all agree to raise the ceiling again so each side can have something to brag about. Pure theater. See 2011.