What happens if we get to the point where bond holders have to take a haircut?
https://twitter.com/GayBearRes/status/1808300862168879505 https://www.cnn.com/2024/07/02/economy/global-debt-crisis/index.html
haircut
DC mom given $10,800 taxpayer-funded lump sumto help poor families spends $6,000 trip to MIAMI, a $180 haircut, wanted to teach hardwork to kids
‘I wanted to blow it. I wanted to have some fun’: DC mom given $10,800 taxpayer-funded lump sum as part of scheme to help poor families spends $6,000 on luxury trip to MIAMI, a $180 haircut and 15 vacation outfits …
Sam Bankman-Fried paid jailhouse inmate for haircut using mackerel as currency: report
via NYPOST: Bankman-Fried — who faces more than 100 years in prison when he is sentenced in March following last month’s conviction for fraud and money laundering in connection with the collapse of cryptocurrency exchange FTX — has been held …