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US is estimated to issue another 4.5-5.7 trillion treasury debts but no country is willing to buy including even FED except internal funds of US.
US yearly interest for treasury debts is USD 1.3 trillion. Can US pay?
If US debt ceiling is raised, experts estimate US treasury debts will reach $50 trillion in 5 years from present $33 trillion.
If interest rates still stay medium to high, US will crash by just the yearly interests.
![[Image: Treasury-Debts231203.png]](https://i.ibb.co/CwDYF09/Treasury-Debts231203.png)
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(This post was last modified: 03-12-2023, 07:49 PM by
webinarian.)
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US economic problems are far more serious than China.
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The issue is the interpretation.
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If not country or institution is willing to fund US debt then USA and also the world will be jn big trouble ....such an event will disrupt the global econom.
This however is unlikely to happen as trade surplus countries have not good place to park massive amounts of money except to buy US treasuries. Demand for US dollars is strong and remain strong because US dollar is needed by countries to pay debts.
Yes the US has an unfair advantage but undermining the current system is very disruptive
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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To ahbutt the ultimate amdk arse lickers stooge’s you don't know meh your daddies extremely evil and very dark one hor LOL
https://media.tenor.com/o0kkMEBHvQgAAAAM...m-modi.gif