Will the U.S. default on their debt?
eather the US default on their debt or raise their debt ceiling; it’s a bad thing either way for the US Dollar & economy;
US DEFAULTS🩸:
⭕️They fall into a deep recession
⭕️Roughly 7.8 million jobs will be lost
⭕️Unemployment rate doubles to 8%
⭕️Crime rate/poverty increases
⭕️Stocks & Bonds will be sold off/401(K) effected. Financial markets crash
⭕️Social security payments delayed
US RAISES DEBT CEILING💸:
⭕️More money printed out of thin air
⭕️Inflation sores even higher
⭕️Interest Rates keeping getting hiked higher
⭕️More mortgage defaults, so more homes get seized
⭕️Banks hand out less personal/business loans, along with mortgages
⭕️USD strengthens, which is a bad thing as more countries will refuse to do business with them
⭕️More bank failures
As a result, we will see an outflow of institutional investments away from equities, with an inflow of investments into commodities like Gold & Silver.
US DEFAULTS🩸:
⭕️They fall into a deep recession
⭕️Roughly 7.8 million jobs will be lost
⭕️Unemployment rate doubles to 8%
⭕️Crime rate/poverty increases
⭕️Stocks & Bonds will be sold off/401(K) effected. Financial markets crash
⭕️Social security payments delayed
US RAISES DEBT CEILING💸:
⭕️More money printed out of thin air
⭕️Inflation sores even higher
⭕️Interest Rates keeping getting hiked higher
⭕️More mortgage defaults, so more homes get seized
⭕️Banks hand out less personal/business loans, along with mortgages
⭕️USD strengthens, which is a bad thing as more countries will refuse to do business with them
⭕️More bank failures
As a result, we will see an outflow of institutional investments away from equities, with an inflow of investments into commodities like Gold & Silver.
TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
t.me/XTBCAPITAL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.