Foreign Share Of US Debt Plunging; Fed Picking Up The Slack

Source: https://www.zerohedge.com/economics/foreign-share-us-debt-plunging-fed-picking-slack
Published: Dec 1, 2020
Author: Tyler Durden
Post Date: 2020-12-01 18:31:35 by Horse
Views: 383

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: DWornock    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   Reply   Private Reply

#2: BTP Holdings    To: DWornock (#1)

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. ;)

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