diagnosis
He argues the U.S. debt regime is unstable because 5% interest on roughly $39 trillion debt creates large annual transfer obligations.
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Treasury
He argues the U.S.
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Key Notes
Timestamped Evidence
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"government, and the U.S. government can then pay for expenses, okay? Does that make sense? All right. Now this system is fine. The problem..."
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Transcript
"...You solve this problem by getting more people to buy U.S. Treasuries, okay? Does that make sense? All right. So you can get governments..."
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Relevant Lectures And Readings
Reading
Jiang treats the Xi–Trump visit as a strategic theater.
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