Ray Dalio has said that a severe U.S. supply-demand problem could lead to 'shocking developments'
”[The U.S. has] to sell a quantity of debt that the world is not going to want to buy.”
He said this was imminent and of “paramount importance.”
Over the next four years, $28 trillion of the $36 trillion National Debt matures. Financing current deficits will add another $10 trillion. There is no way the U.S. can sell $38 trillion of Treasuries with a 4% handle. So either we pay 6% or more, or the Fed has to buy it all.
BREAKING: Donald Trump's team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators, per WSJ.
Trump advisers and officials from the Department of Government Efficiency inquired about abolishing the Federal Deposit Insurance Corp.
Major moment for crypto regulatory clarity in the U.S.
This has been a multi-year process toward approval, and we're excited to finally be launching federally regulated crypto derivatives with margin to our U.S. customers.
When there is a clear path to register, we do.