Re: the future long term financial apocalypse of the USA

On 5/10/2024 3:21 PM, D wrote:

  On Fri, 10 May 2024, Lynn McGuire wrote:
 

For those who are interested in the future long term financial apocalypse of the USA, I recommend reading “The Mandibles: A Family, 2029-2047” by Lionel Shriver:
>
https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X/
>
For those who do not like Lionel Shriver, I recommend “Distraction" by Bruce Sterling:
  https://www.amazon.com/Distraction-Bruce-Sterling/dp/1857989287/
>
For those who just want a short term financial apocalypse of the USA, I recommend “Buck Out” by Ken Benton:
  https://www.amazon.com/gp/product/1514666979/
>
Lynn
>

 For those of us who are interested, but not ready to pick up a book, what do you think will happen?

At some point, the USA Treasury will try to sell tbills to finance the USA debt but, there will be no buyers.  The Fed will buy the tbills but at some point this will become absurd.  At that point, questions will arise about the actual value of the USA Dollar.  Especially when those Dollars start flooding back into the USA.  I do not know how many Dollars are outside the USA but it is a significant amount.
Lynn