Here's some more fiscal doom porn:
"The Global Bond Curve Just Inverted": Why JPM Thinks A Market Crash May Be ImminentOf course igniting a trade war was just a brilliant thing to do when you are the largest debtor nation on the planet and you just outsped Democrats in deficit spending to the tune of nearly 3 TRILLION dollars for just the next two years of government operation.
What could go wrong after that? Like maybe the Fed raises interest rates?
Oops - that was yesterday.
Inflation? Housing market bubble.... again?
QE 6 or 7? The glut of US Treasuries and their dumping by the rest of the globe?
Economic laws that we have violated will assert themselves over a manipulated financial system and a fiat currency backed by only debt and confidence.
The piper will be paid for decades of idiocy, and we will all get to enjoy the sufferings together.