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US Debt at $64T? Why Prop Firm Traders Should Ignore It
I saw the Bank of America headline this morning: US public debt is expected to hit $64 trillion in a decade. My phone immediately blew up with group chats screaming 'The dollar is finished!' and 'Time to pile into Bitcoin!' My first thought? I checked my daily drawdown limit on my FundedNext account. Seriously. While the macro tourists are panickin...
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Who Is Buying and Selling US Treasuries? BRICS Selling, West Accumulating
Recent data on US Treasury flows highlights a notable divergence in global positioning: BRICS nations have been reducing their holdings, while Western countries and allied economies have been increasing exposure to US government debt.
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US National Debt Expected to Nearly Double to $64 Trillion Within a Decade
According to Bank of America (BofA), US national debt is projected to nearly double over the next decade, potentially reaching $64 trillion.
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