Zaid
π€ SpeakerAppearances Over Time
Podcast Appearances
And so like...
It's just three more years, Kyle.
Is this just a phase?
Is the great entertainment just... It's a long time.
That's true.
But I guess I'm just thinking in the grand scheme of things, right?
If you zoom out, if the great entertainment period is only like four years, is that enough to do permanent damage to the U.S.
's reputation, to markets, to foreign investors buying up U.S.
treasuries?
One of the things that I've been reading about this week especially is there's not a lot of leverage some of these countries have
against the U.S.
The U.S.
economy is the largest.
The military is the most powerful.
But one thing that they do have, a lot of foreign investors and governments own U.S.
treasuries, right?
And there's this concept of the sell America trade, or these foreign governments can threaten to sell their U.S.
treasuries, which increases the borrowing cost for the U.S.
government and makes it harder for the government to borrow, more expensive for the government to borrow, and increases the deficit here.
How real of a threat do you think that is?