>bessent is rolling over $7+ trillions in short-term treasuries that mature in weeks just to keep the pedo chapiteau going>it drastically increases the interest payments USA is becoming a microfinance organization
>>541081665The purpose of a system is what it does
>>541081959no, nobody wants to buy long term treasuries anymore, the system is broken
>>541081665Can someone explain what this means. I have a decent understanding of economics.Do I load up on stocks or gold or both
>>541082976nobody wants to finance US government anymore, all central banks around the world are switching to gold to store their wealth instead of US treasuries.So bessent is forced to issue short-term treasuries that expire in weeks which means US debt is growing marginally faster now.This year US has to refinance around $10T in debt
>>541082976Basically going to become more expensive for the US to borrow money going forward because we're shit with our debt. This will then in turn create more debt and more inflation via the devaluation of our currency.
>>541082976I think it might be one of those weird situations where it might be both. It’s all very inflationary.
I will never find loveAll the girls I like are slutsI will never feel.joyI try hard but I can't fill the void
>>541081665So they're kicking the can down the road again, what else is new?
>>541082976Retards believe rolling over treasuries is something crazy except it happens literally everywhere all the time. Ignore the retards. The rolling over happened like 7 months ago, did something collapse, or happen? No.
>>541082856Doesn't matter because crypto companies are buying up the short term T bills to back stablecoins. >>541083216Central banks around the world will be subverted by a financial app offering USDT.
>>541083868The crypto market is tiny compared to evergrowing supply of treasuries and US still has to pay more and more every time short term bills mature snowballing the debt. Nothing is being really solved through USDT and other crypto pegged to dolla
>>541083718the leg is broken from kicking
>>541082856Orange nigger is worse than the libtards claimed. Worse than a criminal he is a mistake
>>541082976It means is less than a geenrations time US gov net interest outlays exceeds gov revenueThe french king was forced to call the estates general when that happened and the guillotine followedBuy drones
>>541084576Me and canada are in trouble lmao
>>541084491the worst of it yet to come
>>541084810Hail Fauci
>>541084846hail SPR salt caves
>>541081665Doesn't this make bond market worse though? Doesn't this literally only buy them a few months? What happens after that?
>>541085010Yes it makes everything worse but this is the only way they can refinance right now.>happens afterthey issue more and more debt in short term bills and pay more interest on it.Pic rel, nobody wants to buy newly issued long-term bonds so Banks are forced by law to load up on them. Bessent now is forced to buy old bonds with low interest rates from banks to free the space for new ones.
>>541083868>Central banks around the world will be subverted by a financial app offering USDT.What difference would it make beyond being more convenient? Which is not insignificant. Especially if some other countries experience troubles and this system just works. I assume there are plans to take advantage of that. But it's just another, indirect way to buy dollars isn't it?
>>541083868>crypto companies are buying up short term T bills so the government would implode if it ever took action against the crypto companies for printing unbacked stablecoins out of thin airyeah
>>541085010>he thinks we'll still be alive in a few months
>>541085202They will force 401k and such to buy, even savings accounts and reverse mortgages will be packaged into CDOs together with gov debt the exact scam method is irrelevant only being ready to axt at the right time matters
>>541084491blue team would have had the same exact path like they have had for the past century so there wasn't changing any of it in the first place.
>>541085202Can you elaborate on an estimated timeline on when all hell breaks loose? Like when does it spiral so fast that the average 56% burger american realizes shit is fucked? Should I go to my innawoods cabin preemptively? Should I buy more silver?
my God, fuck Americans in the asshole
>>541085319saving accounts are not CDOs and this scheme sounds like 2008 all over again.However even if this happens they still won't be able to cover the amassing losses from foreign banks.China started creating alternatives to swift and dollar which are becoming more and more popular.
>>541085692Im saying the gov will change regulations to force private debt buying to be redirected as a package to include gov debt how they set it up is irrelevant millenial amerimutts are getting no 401k
>>541086001if they could do it they would have done it already.
>>541085606Shut up faggot, we're about to make crypto great again.
>>541086618more like panda bonds great again amirite
>>541081665TIL Scott Bessent is a faggot
>>541087159>Scott Bessent worked as a top macro investor and managing partner for the London office Soros Fund Management in the 1990s
>>541087417I'm not talking about his work history. I'm talking about him being a literal faggot with a husband. I would've never bothered looking up his personal life if it wasn't for that pic. Jesus christ, now that I look closer, you can put a wig and glasses on him and he'd look just like Janet Reno.
>>541087762yeah ok dude who would have thought there are faggots all over US government
>>541084658Yeah, Mexico and Canada sitting next to the most heavily armed and psychotic nation on earth that's about to collapse into a flaming pile of shit should terrify leafs and beans more than anything they've ever experienced.A nuclear-armed country like the US collapsing is terrifying for the entire planet. Makes you wonder what kind of crazy assholes outside the US are trying to make this a reality, because no0 matter where you live, the fall of the US is going to cause you death and destruction.
>>541085524September is when releasing more oil and fuel from SPR would become an issue for trump.Buy physical I guess, paper and digital are worthless in commodity crisis.
forgot pic
>>541090110I love shiny things
>>541081665NEVER trust a finance nigger with financial instruments. This is like letting a methhead sell and manage meth stockpiles.They are all unequivocally retarded degenerates.US is a fucking clownshow, as is this retarded shit hole.
>>541082976Bitcoin and gold
>>541085524Day after elections
