Unpopular opinion: The US debt spiral doesn’t matter nearly as much today as many people think it does.
Even at these higher interest rates.
Someday, it will matter very much. But we are YEARS aw...
Strong agree, and I think there are very few bitcoiners aligned with us. It might matter in a decade, but so long as the us is the “best house in a bad neighborhood” our debt is going to be in demand.
Give the landlords and 401k millionaires a scare in their assets and many will look for safety in 4-5% bonds, even if it doesn’t keep up with inflation.
Give the landlords and 401k millionaires a scare in their assets and many will look for safety in 4-5% bonds, even if it doesn’t keep up with inflation.
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