Tragically, America is Wile E. Coyote in this scenario. We're well off the ledge, we just haven't looked down yet
Tragically, America is Wile E. Coyote in this scenario. We're well off the ledge, we just haven't looked down yet
I would be selling any US government bonds and t-bill a.s.a.p. Don't wait for the exit to get crowded. The US is used to having its currency as the world reserve. The end of that day is in the foreseeable future.