The result is that households are pushed to take on more debt than they can manage, effectively swapping a crisis of stagnation for a crisis of consumer credit.

Capital will not disappear, but will instead concentrate in bond markets and credit instruments inflated by a U.S. central bank eager to cut interest rates. This does not avert crisis; it merely transfers the costs downward.

If the AI bubble bursts when governments have limited room to shift investment internationally and the economy is propped up by increasingly fragile credit, the consequences could be serious.

Wishful thinking 😉

By carving out wildlife habitats amidst the built environment, Singapore seeks to prioritize biodiversity in urban planning, and bring back species previously wiped out — when the island was colonized by the British.

Singapore is now widely seen as a global leader in urban biodiversity restoration.

Major Foreign Holders of Treasury Securities ticdata.treasury.gov/resource-cen...

And Dean Blundell isn't a trustworthy source for anything.

"The bottom line is that even given its fiscal concerns, the U.S. remains among the safest and most liquid government securities markets in the world… by and large, foreign ownership of U.S. debt has little direct effect on the wallets of everyday Americans.

The EU does not hold trillions of dollars in U.S. government debt www.nasdaq.com/articles/20-...

Trump has surrounded himself with a rogues' gallery of ghouls & grifters, charlatans & sycophants, christofascists & sex predators, villainous billionaire oligarchs… a who's-who of deplorable & disturbing characters. The Trump regime is the most crooked and self-dealing administration in US history.

The article is hidden behind a paywall 🤷‍♂️ how about sharing a Gift Link… you are millionaires, after all 😉