What if????? Something to think about. What would be Washington’s reaction??? How do we get these politicians to quit this runaway spending??? What say ye???
If countries like this start selling even a modest percentage of the treasuries they hold it will be huge for the US.
It’s always been a run on American tax payers money after the tax season…from all the countries of the world. I read that this years tax hall is the largest ever, like over 4 trillion dollar’s. It’s as though a lot of countries and politicians want a piece of this huge pile of our tax paying dollars. just sayin’
A whole lot of nothing, the Fed is in the process of winding down its balance sheet which includes 8 trillion dollars in treasures(?)
The Fed lets it happen, the Fed holds off on onloading its treasures, or the fed continues to unload.
If they dump their US treasuries nothing will happen.
Nobody will buy them.
Because they will never, ever be paid.
Never.
You say you want a revolution,
Well you know,
We all want to change the world
THAT, at least, is simple:
Article I, section 10: "No State shall...make any Thing but gold and silver Coin a Tender in Payment of Debts".