Tweet: debt, trend, threats
Dr. Kapital tweets:
U.S. external debt (shown here) stands at about 1x GDP...manageable. But the trend is bad. Threatening default didn't help, either.
Fools swear they wise, wise men know they foolish
Dr. Kapital tweets:
3 Comments:
Wouldn't you know? I checked a file folder I found behind the sofa and lo and behold I completely forgot that I hold 8.7 trillion in U.S. Treasuries. I feel like I really should call someone about this.
Dr. Kapital tweets:
And here are your 8.7 $1 trillion coins. All better?
Heads it's the Weimar Republic, tails it's the panic of 1893.
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