Is repaying bonds in the hands of the treasury/Trump or in the Federal Reserve/non-Trump. So could Trump, “King of Debt,” stop paying on bonds held by PRC and/or issued during Biden term until bond holders agree to renegotiate the payment?
Is repaying bonds in the hands of the treasury/Trump or in the Federal Reserve/non-Trump. So could Trump, “King of Debt,” stop paying on bonds held by PRC and/or issued during Biden term until bond holders agree to renegotiate the payment?
Interesting - the idea of the US defaulting on its debts would be a massive shock even by 2025 standards.