“So, US credit default swap (CDS 1Y, SR, EURO) price remains elevated which indicates that Biden, Yellen and Schumer may actually default on US debt.”
Good way to crash everything. I know Biden is dumb. I have followed his career since the 70’s and he is royally stupid, but I do not think the Obama cabal and its minions are that idiotic.
Evil, yes, demonic, possessed maybe, but stupid, no.
Biden and Harris are the perfect “fall guy & gal” for economic change & pain.
One has a deteriorating mind(Biden) the other is a low intelligence person.(Harris)
The perfect couple for the changes that are coming to the global economy.