IIMR November 2023 'Explosion in US public debt; could America be held to ransom?'

Prof. Congdon asks the question “who will want to hold US Treasuries if and when the ratio of Federal debt to GDP exceeds 150% and starts approaching 200%?”. Furthermore, there is no modern precedent for domestic non-banks owning US Treasuries of much more than 50% of GDP - and while it could happen - a ratio much above 50% will cause strain in financial markets.

[@christoschristou3641]

Thank you Prof. Congdon. Respect from the Land of Oz

[@ShitWrangler]

I hope people start doing a more forensic assessment of what's happening, like apparently the yield curve inverting in 2019 before the plandemic.
all these changes are clearly apart of a grander plan that's been advertised. it's just a matter of piecing together the foul loaf