https://www.cnbc.com/2018/06/18/russia-cuts-treasury-holdings-in-half-as-foreigners-start-losing-appetite-for-us-debt.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo
If the trend of dumping US treasuries continues, the US interest rates will need to rise sharply to retain current investors and attract new investors.
The foreigners are losing faith and confidence in the USA's resiliency.
It is a fact that the USA is unable to repay its national debt of US$21T and this awakening is starting to unfold now.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment