Princeton’s Jake Shapiro and I wrote a few weeks ago about the obvious hidden costs from the widespread breach of trust when the U.S. government abruptly breaks contracts.
@promarket.bsky.social
https://www.promarket.org/2025/03/31/breaking-trust-in-the-government-will-not-be-efficient-in-the-long-run/
@promarket.bsky.social
https://www.promarket.org/2025/03/31/breaking-trust-in-the-government-will-not-be-efficient-in-the-long-run/
Comments
I want 9.8% interest rate on my bonds.
Borrow from me and expect 9.8% rate.
If I borrow I want to borrow at 2.25% rate.
Unsustainable and reversed growth is not viable.
Cuz it feels a bit like that right now. 😳