Is The US Going To Default?
Lance Roberts is saying that even though the country has defaulted on its debt in the past, it will still pay its current debts and honor its obligations to pay back the principal and interest on treasuries. This is because the country has the ability to print money. A complete default, where the principal is not paid back, is unlikely to happen.
Watch more of this short video from Market SELL Signals Starting To Get Triggered. Time to Exit? | Lance Roberts & Adam Taggart.
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