us gov debt
hi uptown girl….do u think the us government will default on its debt anytime soon…if so would they cancel payments oe print money…
Terry Says
TheuS government is not going to default on its debt in our lifetime. The dollar — despite our huge deficits — is the safest place in the world!
And the reason the Fed is raising rates is to keep the dollar “strong”. Higher rates will attract more foreign capital to buy our debt and finance our deficits.
One day the bubble may burst — but don’t make your financial plans around that possibility!
