Manishican Posted April 4, 2023 Report Posted April 4, 2023 https://www.schroders.com/en-gb/uk/institutional/insights/thinking-the-unthinkable-what-if-the-us-defaults-/ Quote
pakeer_saab Posted April 4, 2023 Report Posted April 4, 2023 7 minutes ago, Manishican said: https://www.schroders.com/en-gb/uk/institutional/insights/thinking-the-unthinkable-what-if-the-us-defaults-/ interest rates for US Gov will rise to such a level that they have to run a budget just for paying interest on past borrowings Quote
AndhraneedSCS Posted April 4, 2023 Report Posted April 4, 2023 25 minutes ago, pakeer_saab said: interest rates for US Gov will rise to such a level that they have to run a budget just for paying interest on past borrowings Can JP print money and pay all the debt? Quote
Manishican Posted April 4, 2023 Author Report Posted April 4, 2023 49 minutes ago, Ryzen_renoir said: Routine drama every year But this time it might be very difficult as house speaker doesn't have much power Quote
csrcsr Posted April 4, 2023 Report Posted April 4, 2023 1 hour ago, pakeer_saab said: interest rates for US Gov will rise to such a level that they have to run a budget just for paying interest on past borrowings Atla byapetaku anna Quote
TexasAdda Posted April 4, 2023 Report Posted April 4, 2023 18 minutes ago, csrcsr said: Atla byapetaku anna Don’t leave us🥺 Quote
yoda123 Posted April 4, 2023 Report Posted April 4, 2023 https://finance.yahoo.com/news/warren-buffett-explains-the-simple-reason-why-the-us-will-never-default-on-its-debt-185105213.html US will never default the debt .... as it is the one that 'produces' (not prints) the money in the world ... the buck starts from here .. the buck stops here ... in US !!! get this sink in !! 2 Quote
Arrogant_champ Posted April 4, 2023 Report Posted April 4, 2023 36 minutes ago, yoda123 said: https://finance.yahoo.com/news/warren-buffett-explains-the-simple-reason-why-the-us-will-never-default-on-its-debt-185105213.html US will never default the debt .... as it is the one that 'produces' (not prints) the money in the world ... the buck starts from here .. the buck stops here ... in US !!! get this sink in !! As long as IMF and world bank exists no issue to USA. Quote
yoda123 Posted April 4, 2023 Report Posted April 4, 2023 4 minutes ago, Arrogant_champ said: As long as IMF and world bank exists no issue to USA. true .. and power of imf comes from army and CIA ... it is very common lot of CIA people work in IMF and vice cersa ... Quote
Arrogant_champ Posted April 4, 2023 Report Posted April 4, 2023 4 minutes ago, yoda123 said: true .. and power of imf comes from army and CIA ... it is very common lot of CIA people work in IMF and vice cersa ... If it really comes to dollar has been highly devalued (which doesn't happen), they will ruin a country probably UK or Japan, dollar rises again. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.