quotingSince the beginning of the Tapa da Mão Invisível podcast, we have been talking about the US debt crisis that never explodes. At some point, the debt will explode and there is no way to pay it. In other words, it is not a question of "if it will happen", but rather "when it will happen".
nevent1q…nuje
No one knows the date, but we need to look at the alternatives that the US has at its disposal. And I have the solution. Read on!
Alternatives:
1. Plain default, delaying debts: low chance, the government has the capacity to print dollars, unlikely to happen
2. Triggering inflation so that the debt becomes easy to pay: slightly higher chance, but the political cost of this is huge
3. Hot war, shaking everything up (lives, inflation, public spending, etc.), throwing the problems out of the country: the most viable political alternative for the current moment, but I don't know who the opponent would be in this scenario
4. My solution, which doesn't involve a war: buy a lot, I said a lot, of scarce assets, taking advantage of the fact that the dollar still has value, accumulating this asset in the balance sheet at the current price, which with the demand for purchases from the USA will make it skyrocket. The political solution for this is that the government will have to pass some laws, among them that allow two things: 1. the government can use its budget to buy this asset. 2. the government can use this asset to pay the debt.
I don't see any other alternative, now we just need to find the asset in question
Julio Santos on Nostr: Eita, escrevi exatamente isso 14 dias atrás! ...
Eita, escrevi exatamente isso 14 dias atrás!