US Treasury’s $2 million per minute borrowing spree raises alarm; BlackRock issues urgent warning on US dollar stability.

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The Treasury funds its deficits by borrowing more money, leading to a cycle of increasing debt. With interest payments reaching historic highs and set to climb further, concerns over the US Dollar’s stability are mounting. Investment management giant BlackRock issues a warning, advising investors to shift some cash reserves into bonds amid market volatility and uncertainty surrounding Fed policy.

The US Dollar has had a tumultuous 2024, in part due to BRICS intervention. The bloc is actively looking to ditch the US dollar and influence other countries to do the same. With the latest warning by BlackRock to secure your US dollars another way, it’s clear that the alliance’s mission is succeeding. Inflation and interest rate hikes only further helped the de-dollarization initiative.

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