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   alt.politics.economics      "Its the economy, stupid"      345,379 messages   

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   Message 344,737 of 345,379   
   Sam to All   
   Re: Impact of U.S. debt on Generation Z   
   10 May 24 19:34:48   
   
   XPost: alt.society.liberalism, or.politics, sac.politics   
   XPost: talk.politics.guns   
   From: samt@samt.invalid   
      
   On Fri, 10 May 2024 09:57:06 +0200 (CEST), Tony Pease    
   wrote:   
      
   >n a recent op-ed, a former White House economist and a former Labor   
   >Department employee warn of the burden U.S. debt will have on Gen Z and   
   >blame mistakes by the Treasury Department when interest rates were low.   
   >CBS News business analyst Jill Schlesinger has more.   
      
      
    Oh no burden at all. The US government defaults on the debt and settles   
   it for 10 cents on the dollar. (10% of bond value)   
      
   What are the bond holders going to do about it?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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