New Treasury holders report out yesterday. The foreign sector slightly reduced U.S. Treasury holdings in Aug, from July, despite ongoing large issuance.
YTD through August, the foreign sector only bought about 5% of net new Treasury issuance.
America was founded by rugged individuals who created government to secure their rights and leave them alone. Americans today want government to violate other people's rights, steal their stuff, and give it to them. The home of the free has become the land of the freeloader.
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2020 prediction: We're going to see increased aggression from incumbents like Google against decentralized platforms.
"Google has chosen to contest that new decentralized, peer-to-peer vision... leaving the potential for future conflict and censorship."
https://t.co/QAk7XAwfev