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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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This is potentially a seismic shift in global finance/economics.
If US treasuries are no longer considered the "investment of last resort" (which they shouldn't be, since even sane Americans lack the commitment and risk tolerance to fight corruption and degeneracy in their own country), this may result in the dollar losing its status as the global reserve currency.
If that happens, the Americans will be fucked.
US treasuries is literally what we used in university as the "risk free rate"
When you have government officials saying they want to default on the "risk free" bonds it undermines markets in a completely unprecedented way.
Shockingly stupid.
That last statement accurately describes the constituents of those government officials and large swathes if the American electorate. The fact that it's politically viable to muse about these things is so fucking idiotic . So many Americans owe their safe and prosperous lives to things of which they are completely ignorant.