Bank of America CEO preparing for US to default on its debt

submitted by BISH from thehill.com

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[–]BISH[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

It's not about the arbitrary debt ceiling.

It's about the credit confidence of the Treasury bond owners. The signals that are sent by the "borrowers" in Congress.

The demolition of the dollar has been planned for decades.

these people aren't so stupid they'd pay for national parks services and crash the world's economy

They will definitely crash the world economy in most areas.

But... they want to have the replacement CBDC infrastructure in place before they do.

They'll destroy it for the next stage of their global takeover plan.

[–]Dragonerne 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Will stocks be impacted? If you own a share of a company, the valuation shouldn't change, should it? You still own that share no matter the currency?