We won't default unless its another PLANNED 'crises' that's for sure. I actually have said for long while we will sort of default as planned event, but I don't see the signs for it yet. As PDX points out they can
always delay it with pressing a few buttons to cut that off now. I believe to get a default there has to be run on the dollar/wholesale selling of USD denominated assets ..but I don't see it currently. However, I would also say, that
it's likely to be an 'event' i.e. very time compressed - but there would be signs in credit markets and elsewhere ahead of it ..not seeing that myself here ...I still think the 'real damage' is a long way off,
maybe toward 2028/2030 ..it's impossible to predict though we must all just be aware of the growing RISKs and plan accordingly...my mindset is we are in a period where capital preservation is the focus
not 'risk on' trades in stocks...the risk/reward is just not good.
Edited by EntropyModel, 23 April 2023 - 11:45 AM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
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