Who will be left with the hot potato???
Oh yeah. The tax payers.
Who will be left with the hot potato???
Oh yeah. The tax payers.
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IMO
Only a massive sell off, combined with too much debt will threatened the great financial houses & by extention the taxpayers. Some of the biggest taxpayers are in this economic class, they provide governments with the big dollars in government receipts.
A more likely scenario is for equities with a lot of hype & noise, experiencing a sell off and lower valuations without destroying the broader market.
Then money will get redirected to undervalued securiies that are under the radar, but are basics to our current level of civilization.
“Faster, please.”