ok fine but it will all be worth it when our kids are either involved in a ground war in greenland or sewing sneakers in a nebraska factory
Reposted from
Carl Quintanilla
B of A:
“.. ‘US exceptionalism’ ending, US ‘repudiation’ starting; ..
“.. end of era of ‘US buys [rest of world’s] goods - [rest of world] buys US Treasuries” ..
“.. buyers’ strike of US assets;
foreigners own 33% ($8.5tn) of US Treasuries, .. why US dollar in secular bear market ..”
“.. ‘US exceptionalism’ ending, US ‘repudiation’ starting; ..
“.. end of era of ‘US buys [rest of world’s] goods - [rest of world] buys US Treasuries” ..
“.. buyers’ strike of US assets;
foreigners own 33% ($8.5tn) of US Treasuries, .. why US dollar in secular bear market ..”
Comments
Yes, it was worth it.