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Peter Schiff always talks about this. He doesn't really focus on the bonds going bankrupt, he predicts that foreign countries will stop loaning our government
by iterationx 17y ago
Peter Schiff always talks about this. He doesn't really focus on the bonds going bankrupt, he predicts that foreign countries will stop loaning our government money (at its various levels) , and therefore the government will resort to printing money and the rate inflation will exceed the rate of return on a bond.