Loading ...“There could be a problem – you’ve been reading about that, with Treasuries and that could be an interesting problem.”
He added: “It could be that a lot of those things don’t count. In other words, that some of that stuff that we’re finding is very fraudulent, therefore maybe we have less debt than we thought.”
If he means that some of the Treasuries have been fraudulently issued, and I have no idea how that could be, and he’s going to cancel them, as they “don’t count”, then the integrity of US treasuries is shot and they will be dumped if Trump starts cancelling; as who would know if their debt was next?
More likely he’s just another real estate agent who has no idea about accounting matters. He should leave these announcements to the DOGE team.