Foreign investors have become net sellers of U.S. government debt. With a $2 trillion annual deficit, who will finance Washington now?
James and Joe break down why the global appetite for Treasuries is collapsing–and what this means for inflation, interest rates, and the future of the U.S. economy.
Timestamps:
0:00 – Why the U.S. needs $2T every year
1:10 – Foreign buyers pull back
2:15 – The collapse of “safe haven” Treasuries
3:40 – Can domestic savings fill the gap?
4:30 – Why new money creation becomes inevitable
