Once you’re done considering things that Darth mentions, ponder on this one denizens.
Other than China, which country is the next largest holder of US Treasury Bonds?
And just for gee whiz and golly willikers sake, what would happen if said country would have a catastrophe only seen once every THOUSAND years or so “they” claim.
COULD it just maybe be possible that said country would start selling off those bonds (even if only pennies to the dollar) to get liquid funds to say REBUILD THE COUNTRY’S DESTROYED INFRASTRUCTURE??????
Try not to hurt yourself too much thunking what that would do to the issuer of them there bonds…….
ThatIsAll™
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2 responses to “More idle thoughts (World Economy edition)”
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If they have to sell the bonds to raise liquidity, they likely won’t be able to buy more. What will that do to the USA ability to borrow money?
Either way David….sooner than later the big paywindow is going to be closed to those wanting to make withdrawals from this administration.
Get ready folks, tough times they are a comin’