Paulson Warns of Vicious Treasury Crash, Urges Emergency Plan
Cointelegraph
Former Treasury Secretary Henry Paulson warns of a potential US bond market collapse and calls for an emergency contingency plan.Summary
Former US Treasury Secretary Henry Paulson has warned that a sudden collapse in demand for US Treasurys could be "vicious," necessitating a pre-planned emergency response. As the US national debt approaches $40 trillion, concerns regarding the stability of the Treasury market have grown, given its role as the global financial system's bedrock. Experts suggest that such a crisis could impact crypto markets, potentially causing short-term volatility while simultaneously positioning assets like Bitcoin as alternatives to traditional fiat-backed systems.
(Source：Cointelegraph)