Book #7 - U.S. Government Default: Why Raising the Debt Limit Delays the Inevitable - and What Happens When Confidence Finally Breaks

Default does not begin with a missed payment.It begins with erosion.The belief that the U.S. cannot default is based on assumption – not constraint. Default can occur gradually through inflation, repression, and declining real returns long before any formal event.This book is for readers who want to understand how modern default actually unfolds. It addresses the misconception that default must be...