Here’s What Happens if the US Defaults on its Debt

Episode 109 Part 2

Chris Martenson May 2, 2023

What Does The Latest Bank Failure And Bailout Mean?

Looking for part 1?

The cost of insuring against a US debt default is insane and everybody should be paying close attention to what that’s telling us. The unthinkable is now thinkable. While I personally consider a US debt default to be improbable – they always swerve close to the edge then veer away – it’s now a non-zero…

View Part 1

You're viewing just the public portion of this content

Become a Peak Insider today and unlock premium content, alerts when Chris takes personal action, and direct access to Chris and other members of our active community of like-minded thinkers.

Learn More

Existing Member Login

The cost of insuring against a US debt default is insane and everybody should be paying close attention to what that’s telling us.

The unthinkable is now thinkable.

While I personally consider a US debt default to be improbable – they always swerve close to the edge then veer away – it’s now a non-zero probability. That’s what the debt insurance (CDS on 1-year Treasury paper) is telling me.

So, what happens if the US defaults?

A lot of things, only one of them good.

Become an Insider: These videos are just the beginning of the time-saving research, data, an insight-driven community, and real-time ALERTS you won’t get anywhere else. Join today and get access to information you can’t

Looking for part 1?

View Part 1

Community

Top Comment

Other option: new plandemic. Something much gnarlier and different enough from COVID that they won’t be asking for the same performative compliance – no masks...

by sagerxx

View the comment