When nobody buys the bonds anymore, a brief spell of hyperinflation will occur as the printing presses will have to go into overdrive to pay entitlements. Immediately after that an economic collapse into deflation will occur.
That’s the only believable ‘promise’ from a politician.
[When nobody buys the bonds anymore, a brief spell of hyperinflation will occur as the printing presses will have to go into overdrive to pay entitlements. Immediately after that an economic collapse into deflation will occur.]
If I may quote from this movie, that day will surely come. I wish it weren’t. But the numbers don’t lie. Unlike Joe Biden who said “If you listen to me we can fix this”.
I don’t know when that day is but it can’t be avoided. I am VERY sorry to say.
https://www.youtube.com/watch?v=CCzD3ONQsmM