0 sats \ 1 reply \ @BlokchainB 9 Nov 2023 \ parent \ on: USA: Debt Spiral And Geopolitical Reality meta
True and tether owns T-bills too. I always ask myself if USA stops the coupon payments who gets blown up? Or does a soft default and only pays 50% of the coupon.
Might be a silly question because the whole system would collapse if USA did this
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0 sats \ 0 replies \ @TomK OP 9 Nov 2023
Nono, it's not silly. It's THE question at the moment that IMO only Jerome can answer. I think they will bow down at a point when the others are in trouble.
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