Is there a silver cloud in this debt ceiling crisis ?
China owns 1/trillon in US securities or 8% of our debt. If we are downgraded of triple AAA to double AA rating. they and others holding will lose considerable monies. The US will bounce back but will countries invest again in debt?
Sure…silver and gold for some.
I will get the bronze.
The American citizens will have to invest before anyone looks at us.
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