NeMont
Long Time Member
- Messages
- 12,632
https://www.cnbc.com/2018/04/05/chi...pon-that-could-be-used-in-a-us-trade-war.html
All the Trumpettes better own it when China whacks the U.S. If China dumps just 5% of their U.S. debt and we issue so much new debt to finance Trump's Deficits, the bond market is going to show the clown show here, who is boss.
So you better be prepared to watch Trump surrender on the Trade war or be prepared to get clobbered in your retirement and investment accounts. The bond market doesn't suffer fools and the fool in charge won't be able to stop it from it's course.
Nemont
Government is like a baby. An alimentary canal with a big appetite at one end and no responsibility at the other.
All the Trumpettes better own it when China whacks the U.S. If China dumps just 5% of their U.S. debt and we issue so much new debt to finance Trump's Deficits, the bond market is going to show the clown show here, who is boss.
So you better be prepared to watch Trump surrender on the Trade war or be prepared to get clobbered in your retirement and investment accounts. The bond market doesn't suffer fools and the fool in charge won't be able to stop it from it's course.
Nemont
Government is like a baby. An alimentary canal with a big appetite at one end and no responsibility at the other.