"People are worried about America's solvency" - https://news.ycombinator.com/item?id=49329347

“People are worried about German/French/Italian/Japanese/Swiss/Canadian solvency” [1]

  “Germany’s benchmark 10-year bund yield was last seen trading at a 15-year high, while its French counterpart reached its highest yield since 2008. Japan’s 10-year bond yield rose to 2.954%, topping the 40-year high seen in the spring. Yields also spiked across the curve on British, Italian, Swiss and Canadian government bonds.”

The whole world is insolvent