The Treasury's Ticking Time Bomb Hank Paulson's recent warning about an impending US Treasury bond crisis has sent shockwaves through financial circles, but what does it really mean for the country?
As a former CEO of Goldman Sachs and key player in the 2008 Financial Crisis, Paulson is not one to sound alarms without good reason.
His emergency plan for a "break glass" scenario, where the Treasury issues bonds at unsustainable interest rates, raises more questions than answers.