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Jiang's debt model says the United States can sustain $39 trillion of debt only if countries continue buying treasuries; energy monopoly would force Europe and East Asia to sell gold and buy treasuries.
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Jiang's debt model says the United States can sustain $39 trillion of debt only if countries continue buying treasuries; energy monopoly would force Europe and East Asia to sell gold and buy treasuries.
"Right. So what America is mostly interested in is trying to sustain its debt. Right now, America has $39 trillion in debt. That's not..."
The interview begins with Iran and the petrodollar, but Jiang's answer keeps widening.
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