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by 6figurelenins
374 days ago
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The geopolitical stability is now cheaper[1] than the debt service. Naturally, that calls into question the incredibly low interest rates, and the reserve currency status. If you need to blame Trump, the last straw was COVID. > At incredibly low interest rates, most investments are positive ROI. Step 1: Hold short term rates at zero, forever
Step 2: ???
Step 3: Profit
Step 4: Wow, that's a lot of debt [1] https://www.cfr.org/blog/first-time-us-spending-more-debt-in... |
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