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47 sats \ 1 reply \ @IamSINGLE 16 Sep 2024 \ on: USA: Debt spiral will force geopolitical readjustment econ
The ratio of government debt to GDP is likely to explode as the US enters a deep recession.
Isn't it funny that US isn't accepting it? It's clearly there and half of this can attributed to war financing. People will have to realise in time before November lest 2008 repeats in a bigger way.
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0 sats \ 0 replies \ @TomK OP 16 Sep 2024
I would say at least the bond market accepted that by pushing yields further down
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