Doug Casey On the Debt Spiral, Treasury Market Stress, and a New Financial Order

Doug Casey On the Debt Spiral, Treasury Market Stress, and a New Financial Order

by Doug Casey International Man International Man: In your view, what role does the Treasury market play in global finance, and how significant is it to the current financial system? Doug Casey: It’s only important because it exists—but it shouldn’t exist. People think that the Treasury market is part of the cosmic firmament, but there once was a time when the US government had little or no debt outstanding, and the world got by fine without it.…

Debt Spiral, Treasury Market Stress, and a New Financial Order

Debt Spiral, Treasury Market Stress, and a New Financial Order People think the Treasury market is part of the cosmic firmament, but there once was a time when the US government had little or no debt outstanding, and the world got by fine without it. Doug Casey Fri, 05/09/2025