40% of the debt held by private investors will mature in one year or less. It means that either the bond holders have to roll over or the cash has to be printed in order to redeem.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
—
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
I happened to read that article. It mentioned that about
40% of the debt held by private investors will mature in one year or less. It means that either the bond holders have to roll over or the cash has to be printed in order to redeem.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
bump
bump