They will either not get paid (hard default) or they are fully paid with weaker dollars (soft default)
In either case the outcome is far less purchasing power than expected
GM PV
frens.
Have a great day.
In the news:
Druckenmiller estimates the true debt is more like $200T once entitlements are taken into account.
So, Social Security is more like Social Insecurity.
These amounts will never be paid.
https://finance.yahoo.com/news/billionaire-investor-stanley-druckenmiller-says-005710706.html
#Bitcoin
#btc
Stack sats frens
Discussion
No replies yet.