[Newlaptop]

Where does the money go though?

Europe has its own problems, and US instability will magnify them. The last 20 years have shown that China is essentially uninvestible for foreigners. Japan maybe offers relative stability but without growth. Commodities might seem like a safe haven, but will decline in value in a recession.

For the pension funds, insurance companies, and sovereign wealth funds who hold the hundreds of billions of dollars of US debt instruments, what are the realistic option? Buy billions in gold? Invest in Japan, South Korea and India? Bet on a European turnaround? Yolo it on fartcoin?

I'm not sure what the safe haven is when America goes bankrupt.

[owl_vision]

Switzerland?

[toomuchtodo]

Eurobonds until India and/or Africa have economies with sovereign debt with similar risk.