Wealthion - Be Financially Resilient cover image

Warren Buffett & Stanley Druckenmiller Now Warning Of Economic Trouble Ahead | Adam Taggart

Wealthion - Be Financially Resilient

00:00

The Threat of a Technical Default on T-Bills

I don't think there's any realistic scenario where there is a technical default like that. The consequences, I can't underestimate or over-hoversate the consequences of something like that. When you think about how pervasive treasury bills and things like that serve as collateral throughout the financial system, there would be a massive, massive catastrophic event in our opinion. We have to assume like we do that there isn't going to be a real deal default. And it's just not a realistic probability at all.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app