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by jenkstom 493 days ago
U.S. Treasury bills underpin the financial systems of the world, but most especially that of the United States. This is an ELE for the US.
2 comments

What exactly is the concern here? Someone is going to rm -rf / on some magical server holding all the t-bills in the world?

This is not a thing that will happen.

You trust these incompetent clowns way more than I do, apparently.

/me points to the "Four Seasons" Press Conference

/me points to Tesla

/me points to X

/me points to any of Trump's business ventures

/me points to Trump's "billionaire" status

I don't trust anyone, least of all an elected official. Was my actual point not clear to you, and this is why you moved the goalposts of the conversation?
Why do you think treasuries are at risk of not being paid?