Are USTs becoming worthless?

      
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Joe Blow
Joe Blow
28 days ago

Got Gold!!!!!

foot in the forest
foot in the forest
28 days ago

UST are just unbacked fiat. Got Silver?

Thexrayboy
Thexrayboy
28 days ago

The Dollar should have collapsed long ago. The miracle is that it still has any perceived value.

kal kal
kal kal
27 days ago
Reply to  DRenegade

DR, perhaps a small nudge would be helpful.

Paddy O'Furniture
Paddy O'Furniture
28 days ago
Reply to  Thexrayboy

Nah she is still the least ugly girl at the fiat dance. For now…

kal kal
kal kal
27 days ago

Saudi just kicked the ugly girl under the bleachers.

Tom Jones
Tom Jones
28 days ago

This article is brought to you by gold telegraph who wants to convince you to buy their products. The most recent data I can find is that Japan is the largest holder of US treasuries at 1.138 Trillion dollars. 68 billion is barely a drop in the bucket.

Tom Jones
Tom Jones
28 days ago
Reply to  Tom Jones

Oops, I meant 63, and this is not entirely US, it includes European as well.

Francis W. Porretto
Francis W. Porretto
28 days ago

“A government bond is a certificate of guaranteed confiscation.” — Franz Pick

DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
27 days ago

When it does finally collapse is anybody’s guess. Keep in mind Mordor-On-The-Potomac has already gamed this scenario. They had pallets of debt bucks strategically placed back in the Y2K run-up just in case the banks went belly-up.
A thoughtful, informed, and educated population could see the potential economic problems heading their way. The American Sheeple do not have a clue and are too stupid to even understand. Read or re-read FAHRENHEIT 451 by Ray Bradbury. Pay close attention to Beatty’s soliloquy to Guy Montag about human nature.
TPTB will just introduce a dual currency, CBDC, currency devaluation, or some other financial scam to keep all of the shambling, texting, slack-jawed, mouth-breathing, brain-dead, celebrity/sports-worshipping, vaping Mall Zombies placated. Life is a vale of tears. Bleib ubrig.

Noway2
Noway2
27 days ago

“TPTB will just introduce a dual currency, CBDC, currency devaluation, or some other financial scam”

Blue Bucks