Money
And if no one is getting paid then no one can buy US Treasuries Bonds
I remember in 2016 Jim Willie saying that "The dollar will rise up and fade out of existance"
I remember in 2016 Jim Willie saying that "The dollar will rise up and fade out of existance"
Well, there’s no money. The reserves that were built up. No one’s getting paid at the moment. Contracts, building sites—nothing is being paid. There is no money to pay anything. There’s no money to buy people out. There was a big reserve built up of cash, but most of that has gone on these big projects like the NEOM hotel and these other projects, and there’s none of that left.
