FatDuck3
Nov 6, 8:54 PM
$JNUG $GLD $GDX $B $SLV
❌Burnham to Urge Debt Reform for Poorest Commonwealth Nations
"Debt restructuring"❌
When govts pile up too much debt & struggle to keep up w/the interest payments, someone eventually has to pay the price. That could mean higher taxes, cuts to public services, investors getting less money back, or inflation eating away at the value of people's savings
Remember what I mentioned a few wks back?
This is what will HAVE TO HAPPEN w/the US debt & it debt holders (treasury, bonds, t-bills holders) Instead of the U.S. fully paying its enormous debt under TODAY'S terms, it WILL eventually CHANGE the terms of that debt---especially by paying MUCH LESS INTEREST & that would shift a LARGE part of the financial loss from the govt onto the people who own the bonds.
The US isnt getting further away from this but closer & closer to some "formation" of it.
https://www.bloomberg.com/news/articles/2026-11-02/burnham-to-urge-debt-reform-for-poorest-commonwealth-nations
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