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December 14, 2018, 06:17:22 PM |
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The us government debt will soon reach $ 21 trillion, and next year, analysts estimate that this debt will grow by another $ 1 trillion.
This debt is in the form of 10 and 30-year bonds, i.e. the debt is smeared in time right up to 2048. Us bonds are not required to redeem ahead of schedule. When the pyramid of debt begins to collapse, bondholders can only sell them to those who wish to buy, or just stay with a broken trough. Secondly, this debt is in the national currency, which the US can print as much as it wants.
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