To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Here's how much ACA premiums would have risen this year without tax subsidies:
- Trump to make announcement with Hegseth on shipbuilding from Mar-a-Lago
- gold has surged 70% since the Start of the Year
- How the global food system is impacting obesity and climate change: Study
- Deputy AG says removing photos from Epstein files has 'nothing to do' with Trump(Sure thing) (ha ha)
- Remembering the treasured films of Rob Reiner
- As storms inundated Washington state, federal grants for flood mitigation work sat on hold
- reprint of: My Path to Enlightenment from 2011
- DOJ sues Illinois' governor over laws protecting immigrants at courthouses and hospitals
- quote from Wikipedia: Mark Carney
Tuesday, August 13, 2019
Why did Greenspan say this about Treasury yields?
Because if China suddenly unloads it's 1.1 Trillion in U.S. Treasuries in the Trade War going on, it would also create below zero Treasury yields around the world too. And Since Treasuries are the main way the U.S. carries it's Federal Debts it could be a fiscal disaster for the U.S. and lead to an actual bloody war with the U.S. if the U.S. is hurt bad enough and goes into another Great Depression at that point as a nation. This would be an INTERNATIONAL disaster of epic proportions and smaller nations would be destroyed in the fallout too economically in a chain reaction if China did this. At this point a violent war of some kind could easily break out in retaliation towards China for doing this.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment