LOL, chaos and uncertainty. That's peanuts compared to the wrecking ball that the tariffs will be. They can destroy both the US and the world economy.
US government bonds aren't exactly safe, either, although the USG won't default outright; it can always print its way into oblivion. Even if there are no buyers of government bonds on the open market, the Fed can monetize the debt by creating money out of thin air and buying the bonds. Of course, that will result in (hyper)inflation eventually - but, look mom, no default!
Warren Buffett has raised a record amount of cash - I guess he foresees something most others don't:
https://financeand.money/2025/02/warren-buffett-cash/?lctg=341917604.3
VessOnSecurity
npub1gx…7tun6
2025-03-01 18:48:43 UTC
in reply to nevent1q…ayd9
Author Public Key
npub1gxa39sc7wtpmatdx9rkplkplaquyug2vfhk23dl54slsnmuzf45sh7tun6Published at
2025-03-01 18:48:43 UTCEvent JSON
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