Three Horrifying Facts About the US Debt “Situation”

From Phoenix Capital Research

#1: The US Fed is now the second largest owner of US Treasuries.

#2: “There are only about $550 billion of Treasuries outstanding with a remaining maturity of greater than 10 years.”

#3: The US will Default on its Debt

...default is in the cards. Either that or hyperinflation (which occurs when investors flee a currency). Either of these will be massively US Dollar negative and horrible for the quality of life in the US. But they’re our only options, so get ready.