Debt Trap: Why the 100 Year Bond Idea Will Not work.

It is a default no matter how you slice it.

Imagine asking a guy trying to get his 10year bond money back to stick around for another 90 years with no extra upside. It’s idiotic.

-Goldfix

The reality is there’s no real way to restructure our debt without defaulting on it either explicitly or implicitly via inflation. Every jump in gold tells you that the market sees the risk of this scenario as higher. Bitcoin too.”