This is what it looks like when the money starts to dry up.
We’ve all known that at some point someone would have to slash spending, people wouldn’t buy our bonds or we’d have to offer insane yields to get people to buy our bonds.
We were warned this was coming a third of a century ago.
I guess we will soon figure out who was getting the kickbacks from USAID when multimillion dollar mansions and yachts hit the market.