Buckle up. Trish Regan for Thursday May-11-2023
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Hans Humes, Founder of Greylock Capital, joins Trish to warn of the enormous danger should the U.S. default. Humes also cautious that the U.S. is not playing an intelligent enough role on the world stage and, as such, enables our enemies to “militarize financial markets” against us.
Apparently, no one in the government quite understands what secondary debt markets are!
Humes invests in sovereign low-grade developing nations debt all over the world. In many cases, he plays a central role in helping countries “restructure” after a default.
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