>>513599262
As the other anon >>513599033 said, it can go many ways (but I'm going to point out other than what he said)
Refer to the archive.4plebs topics. Some are predicting a global debt market = bond market, and global currency crisis.
Today, the way the global Financialized system is set up with its total dependence (as never before in human history, unprecedented) worldwide on a single denomination as default reserve, a mass exodus and loss of confidence in the bond market means instant run for the exits by everyone into
>other currencies / denominations (most of which are debt note fiat-central bank)
>hard assets
>precious metals
none of which could even happen fast enough, because all asset managers, banks and funds will have issued a credit freeze prior to that.
That's why these people e.g. Dalio are foreshadowing a global currency and debt crisis.

>worse and worse auctions until no one buys
This is the type of prediction that (Dalio and others) people think could be end of treasuries and the dollar, and also one of the things top priority for incoming administration (Treasury Secretary Bessent) to prevent: they've been doing all they can since Jan 2025 to get the gov *out of* shorter term, less than 2-yr treasuries (that previous Fed under Biden saddled us) and more into longer term 5- and 10-year bonds. (There's even a new 100-year bond program set up which has been controversial and earned ire of skeptics deservedly so imho esp. with global finance/economics in such an unprecedented precarious position)
If ? the U.S. Treasury Dept and all the other components (FRB, Congress and its $2T/spending habit) keep "plate spinning" Houdini trick alive long enough for annual gdp growth to increase enough
But they're still expanding the global debt gigabubble, and none of the Fundamentals of global Financialization have been addressed or ameliorated at all, we continue on the same Titanic voyage of gigadebt expansion no matter what. The ultimate blackpill