Alan Greenspan gave away the game plan years ago

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Financelot
@FinanceLancelot
Alan Greenspan gave away the game plan years ago.

US isn't going to default on its debt. They're going force everyone else to default on theirs by rates & Dollar shortages.

When everyone is forced to sell US Treasuries they'll buy them below face value.
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Financelot
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Financelot
@FinanceLancelot
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Feb 16
If everyone is selling U.S. Treasuries at fire sale prices, the U.S. will simply buy up all of its own debt with the skyrocketing Dollar.

You can't default on your debt if you own most of it, thus resetting the cycle of U.S. debt being the most stable & valuable in the world 🤫 x.com/FinanceLancelo…
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10:45 AM · Apr 5, 2024
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