? The debt is in US dollars. Yes, some countries hold large chunks, but most of it is US-owned. There is no plan, no endgame, they're just stupid.
We used to talk about US exceptionalism. That the US would maintain a low interest rate (negative real rates) regime, and be the "safe haven", with markets that are the envy of the world. Now we have vol blowing out on the back end and even the precious ten year drifting into 'emerging market' territory. Inflation projections and uncertainty grinding higher by the day. It's kinda crazy to think about. The idea that the US could enter a prolonged bear market, its much more likely now. And that has huge implications for RE, CRE, leveraged loans, pension investments, 401k, and local and state and municipal solvency.
Hmmmmm, that was interesting.... 3 year chart. Blue: GOLD in USD Black: USD - DXY index Orange: AUDUSD
a little late to the panic party. This guy was discussing it 65 years ago. https://www.jstor.org/stable/40400734
look at how many post the postal worker driving a 2007 honda s2000 has made compared to how many have been liked. @S2007S 26,000 post and 3,000 liked! WTF most of these high count posters are just shit posting - are they getting paid to post - blows my mind - they should be on reddit with all the other crazies.
Shortly the yuan will be the world's safe haven currency due to economic chaos caused by the policies of the Trump administration. China’s yuan sees payment popularity rise amid ‘soaring volatility’ in US Treasury market Washington’s policies seen opening door to greater yuan internationalisation, undermining but not removing US dollar’s dominance in global trade https://www.scmp.com/economy/global...se-amid-soaring-volatility-us-treasury-market