The US #DEBT bomb has finally been ignited.
People are sound asleep because fiscal conservatives have been warning about this for decades.
This time is different.
12 month interest exploding to over $700 billion, yields still sky high.
How will this get paid?
Anser below. Image
By issuing more debt!
And what will that do to the bond market?
Well, it will increase the offer side!
And what will that do to the yields?
Well, they will go higher!
And what will that do to interest on debt?
Well, it will go higher!
And how will this get paid?
Go back to line 1
The soft paper dollar will inflate until its again sizeably backed by hard assets.
Gold, Oil, Bitcoin.
Prices of these three will likely go through the roof.

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More from @derpaderpederp

Sep 3
A great point is made here by @taureau_21 but he hasn't grasped the full implications of what he said in my opinion.
Zero price impact platforms like $GMX open themselves up for price manipulation exploits and it is why $GNS has moved away from this model several months ago.
A 🧵
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Let's explore.
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