Krugman has this to say about it:
For those not familiar with how financial markets work, US Treasuries are the ultimate safe asset, used as collateral for everything. Even a hint that some Treasuries might not be honored could bring everything to a screeching halt
Musk and Trump are both in the habit of stiffing people they owe money. If markets even suspect that this habit will extend to Treasuries, God help us
My guess is that this is just him leading up to trying to refuse payment. A few days is hardly enough time to make any real assessment of the debts the treasury services, but all he has to do is say words and the rest of the idiots fall in line.
And the Democrats present a New Deal in 2028
Too bad they had Manchin piss away all their credibility for them.
Green new deal was like 2016 or 2018…