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Edward McLaughlin
Kitco NEWS
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Comments by "Edward McLaughlin" (@edwardmclaughlin7935) on "U.S. at risk of insolvency from higher yields; these assets would be ‘destroyed’ - Michael Gentile" video.
Insolvency is not a risk for the US.There is no risk here. To invoke the idea of 'risk' at this stage is to display myopia. Insolvency is 100% nailed on. Why else would those in power allow a middling viral outbreak to extinguish the small/medium business engine of the economy if total meltdown were not the aim? If they are to 'Build Back Better', then they need to flatten the existing site first. The FED and the US Gov' are not 'trapped', they are the trappers and the zombies are lurching right into it. When it springs, it will happen very quickly.
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