Who owns you, baby?
Via Larwyn, China Offloads $34.2 Billion in Treasuries – Japan Now Largest Holder of US Debt
In related news… The foreign demand for US Treasury securities fell by a record amount after China reduced its holding.
Worried yet?
American and Latin American Politics, Society, and Culture
Who owns you, baby?
Via Larwyn, China Offloads $34.2 Billion in Treasuries – Japan Now Largest Holder of US Debt
In related news… The foreign demand for US Treasury securities fell by a record amount after China reduced its holding.
Worried yet?
Been really worried since Fall of 2008. “Too big to fail” mentality has only increased the cataclysmic potential of an eventual failure. I think we’re in very deep pelosi indeed here and I cannot imagine how this can end well.
Actually the chart reveals that Japan has merely returned to the status quo by buying debt when it is cheaper then holding till its value rises again. The Chinese overbought debt compared to both the size of its economy and the effectiveness of it fiscal policy to use that debt to make money.