$37Trillion debt. 6 decades of trade deficits. Getting harder to sell those USTs. For ANY entity, debt levels have a tipping point. If interest rates on USTs go over ~5%, USA Inc is facing insolvency- at least Trump realises this. https://unctad.org/topic/trade-analysis/chart-10-may-2021
$37Trillion debt.
6 decades of trade deficits.
Getting harder to sell those USTs.
For ANY entity, debt levels have a tipping point.
If interest rates on USTs go over ~5%, USA Inc is facing insolvency- at least Trump realises this.
https://unctad.org/topic/trade-analysis/chart-10-may-2021