“The United States should establish treasury trust bonds as a gold-convertible instrument.”
–@judyshel, who served as President Trump’s economic advisor during his first term, shared this with me during our conversation last month.
Watch below: https://t.co/uQ8xZr7zWZ
— Gold Telegraph ⚡ (@GoldTelegraph_) December 9, 2024
“The $2 trillion bond-focused asset manager said it favors short-term and intermediate U.S. Treasuries, while it has reduced allocations to long-dated U.S. government debt securities due to the potential of higher inflation…”
Source: https://t.co/cptAJvevLl
— Gold Telegraph ⚡ (@GoldTelegraph_) December 9, 2024
USA debt to GDP worst than France now… pic.twitter.com/GBTKrrYG2Q
— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) December 9, 2024
- United States: The debt-to-GDP ratio is approximately 120.82%.
- France: The debt-to-GDP ratio is around 98.66%.
Sources:
https://fred.stlouisfed.org/series/gfdegdq188S
https://www.macrotrends.net/global-metrics/countries/USA/united-states/debt-to-gdp-ratio
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