An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, April 17, 2020
As good as gone...
Its increasingly looking like these numbers are going to ZERO before this is all over....
The China USD zombies are going to.... FREAK....OUT!!!
Well if they zero out these Treasury accounts and end up somehow xferring the balances into Reserve accounts then they will think they are screwing China but instead will crash the whole US system...
Matt, nice touch adding under the TS holders statement a photo of MAGA followers ;)
ReplyDeleteWell if they zero out these Treasury accounts and end up somehow xferring the balances into Reserve accounts then they will think they are screwing China but instead will crash the whole US system...
ReplyDelete