#USNationalDebt Against the backdrop of rising costs and a budget deficit, #USNationalDebt has reached a historical maximum. This puts pressure not only on the dollar but also on global markets.
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📉 Investors are beginning to price in the risks of a debt crisis.
📈 Yields on treasury bonds are rising, complicating borrowing.
⚠️ Consequences: increased inflation, devaluation of the dollar, flight to 'safe' assets — gold and bitcoin.
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Interestingly, China and Japan continue to reduce their investments in treasuries, while domestic demand for U.S. debt is not keeping up with issuance.