Wednesday, May 6, 2020

Warren Buffett explains the simple reason why the US will never default on its debt — Ethan Wolff-Mann


Could be any of the MMT economists talking.

Yahoo Finance
Warren Buffett explains the simple reason why the US will never default on its debt
Ethan Wolff-Mann, Senior Writer

3 comments:

Matt Franko said...

Got it from Trump...

Peter Pan said...

Zeroing out China's treasury holdings... would that qualify as a default?

Matt Franko said...

They would first get a financial judgement so no...