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Title: Foreign Share Of US Debt Plunging; Fed Picking Up The Slack
Source: [None]
URL Source: https://www.zerohedge.com/economics ... ebt-plunging-fed-picking-slack
Published: Dec 1, 2020
Author: Tyler Durden
Post Date: 2020-12-01 18:31:35 by Horse
Keywords: None
Views: 365
Comments: 2

Meanwhile, China is dumping Treasuries. It sold off about $13 billion in US Treasuries in Q3 and has shrunk its holdings by $40 billion over the last year...

Poster Comment:

Means dollar goes down in value and prices of imports go up.

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#1. To: Horse (#0)

That is nothing. At that rate it will take 60 years for China to dump all their US treasuries.

DWornock  posted on  2020-12-01   19:18:59 ET  Reply   Trace   Private Reply  

At that rate it will take 60 years for China to dump all their US treasuries.

And unless Trump abolishes the FED and leaves China, Brazil and other nations holding the bag, we will not be mixing our flour with sawdust like the Russians did during the siege of Stalingrad in WW II. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2020-12-01   19:57:22 ET  Reply   Trace   Private Reply  

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