Naturally, that calls into question the incredibly low interest rates, and the reserve currency status.
If you need to blame Trump, the last straw was COVID.
> At incredibly low interest rates, most investments are positive ROI.
Step 1: Hold short term rates at zero, forever Step 2: ??? Step 3: Profit Step 4: Wow, that's a lot of debt
[1] https://www.cfr.org/blog/first-time-us-spending-more-debt-in...
Naturally, that calls into question the incredibly low interest rates, and the reserve currency status.
If you need to blame Trump, the last straw was COVID.
> At incredibly low interest rates, most investments are positive ROI.
Step 1: Hold short term rates at zero, forever Step 2: ??? Step 3: Profit Step 4: Wow, that's a lot of debt
[1] https://www.cfr.org/blog/first-time-us-spending-more-debt-in...