Articles liés à Full Faith and Credit

Full Faith and Credit - Couverture souple

Holtz, David

 
9798234252814: Full Faith and Credit

Synopsis

When the United States Treasury comes to market and nobody bids, the country finds out what “full faith and credit” actually costs.

In late summer 2026, America’s public debt has blown past forty trillion. Interest alone rivals the big entitlement programs. Hedge funds, foreign central banks, and the Federal Reserve have been holding the stack together with leverage and printed money—until one ordinary week of auctions exposes how thin that support really is. Rates spike. Balance sheets crack. Prices begin to move in ways no household budget can absorb.

In Dayton, Ohio, Brian Demming runs a tool-and-fitting shop that still has to make payroll while his mother’s retirement check and his wife’s grocery cart become overnight problems. Across the country, traders, bankers, governors, and ordinary families watch the same numbers and discover they are living inside the same failure. As Washington stalls and the currency unravels, statehouses start reaching for a power the Constitution always held in reserve: a convention of the states.

Full Faith and Credit is a financial and political thriller about what happens when the last buyer walks away—and what Americans do when the system that paid for everything finally asks them to pay it back.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.