| ▲ | dartharva 11 hours ago | |
They'll bail them out with what money? US is already almost $40T in debt, how do you think the bond market would react if another $2T were abruptly added to it? | ||
| ▲ | King-Aaron 9 hours ago | parent | next [-] | |
Look at how the pentagon is funded. Trillions get poured in with zero accountability, dark projects that never get disclosed at all, and audits that never pass. When it comes to military level stuff, it seems to exist outside of normal financial logic. They just invent money for it. | ||
| ▲ | laughing_man 9 hours ago | parent | prev | next [-] | |
Here's the thing about debt, though: If your debt is denominated in your own sovereign currency, you can just print more when you run out of money. | ||
| ▲ | tmp10423288442 10 hours ago | parent | prev | next [-] | |
Seemed fine with adding that much during Covid | ||
| ▲ | hdgvhicv 9 hours ago | parent | prev | next [-] | |
Just have to suck it up. Otherwise they won’t see that 40t. | ||
| ▲ | bakies 5 hours ago | parent | prev [-] | |
... Nothing happens? They're not correlated at all. We've added 35T since 2000 and yield were all over and we're at the same spot as then | ||