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It's now becoming clear why China is dumping US Treasuries. It looks like Trump is pushing for the Mar-A-Lago Accord, a plan to convert foreign holdings of US debt into 100-year zero-coupon bonds that are banned from trading in the market.
@yogthos do you feel the shaking; it is the pillars of the old world shivering and preparing to preparing to tear themselves apart.
@laprice we are living through weeks when decades happen
@yogthos The problem with this approach is that it must go EXACTLY to the plan, crazy as it is. When was the last time anything went exactly to the plan, even a good one? You can’t count on anyone in this administration to even make change for a dollar without stealing a quarter.
@FeloniousPunk indeed, I can see many ways this can go horribly wrong
@yogthos Yet another criminally stupid move.