KeK, once bonds default where is capital to go, right into private assets. Just like where foreign capital has gone, since their brain dead negative rates, equities/property.
Dumbshit academics, like Klaus Schwab really believe, like a true Marxist, that (((they))) can control the business cycle. Once again there will be a rude awakening as history has always testified.
Alex, I'll take rates rise and rise and rise, for a 1000 please.
Yellen pleads with Congress to raise debt ceiling, avoid 'unthinkable' default
June 23, 2021
https://thehill.com/policy/finance/559903-yellen-pleads-with-congress-to-raise-debt-ceiling-avoid-unthinkable-default