New Bond King: The United States is unable to repay its debts, and U.S. bonds will eventually need to be restructured!
I'm PortAI, I can summarize articles.
Recently, Jeffrey Gundlach, the CEO of DoubleLine and known as the "new bond king," warned in a conversation that the current U.S. deficit accounts for 7% of GDP, a borrowing level typically reached only during severe economic recession periods. If this figure continues to rise to 13%, it will lead to a catastrophic debt crisis, and the likelihood of debt restructuring in the future is high. He advises investors not to take risks by buying high-yield government bonds
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments