The Economist, in an unsigned “Special Report,” wrote that U.S. Treasury Secretary Scott Bessent’s stablecoin scheme won’t be able to bail out the US debt, even if its market reaches the most optimistic estimates of 2 trillion dollars (more sober estimates, based on the non-growth of the market in the past months, set the value at 500-750 billion by 2027).
Collapsing Imperial System Paid
Economist Magazine: the Emperor (US Debt) Has No Clothes
About the authors
Latest articles
Related coverage
-
Collapsing Imperial System
Netanyahu Rants, Threatens, Lies Before the Emptied UN Hall
-
Collapsing Imperial System Paid
Warmongering European Council Head Costa Pushes Carney's 'P4M'
-
Collapsing Imperial System
Javier Milei's Embarrassing UNGA Speech Attacked the UN as the Enemy
-
Collapsing Imperial System
Rubio Threatens India With ‘Lindsey Graham Sanctions’