The essence of this agreement is the default on U.S. Treasury bonds.

CN
Lanli
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9 hours ago

The essence of this agreement is the default on U.S. debt.

A 100-year zero-interest bond might be a concept that most people are not familiar with. To put it this way, the price of gold was $20 before 1925, and now it is $2935. The dollar has depreciated over 99% in the past century, and the last hundred years were still America's golden age. From now on, I think a 99.9% depreciation of the dollar against gold over the next century is highly probable.

99.9%… Are altcoins that fierce? This is robbery.

Therefore, the essence of the Mar-a-Lago agreement is the default on U.S. debt. Americans have completely lost their shame…

However, let's see who will agree. I estimate that no one will agree, oh except for Taiwan.

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