They're going to let inflation run hot, they've straight up come out and said they will inflate the debt away, so I don't really get why we're even fussing about raising rates anymore
@KaiSchwemmer The “I don’t get any matches or woman at all so now I have a way to white knight and show woman I can be dark triad and kill someone” reality is there betas and not about shit
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If I was Trump going into a big midterm loss, I would just go out with a bang:
Cut entitlements & close the budget deficit
It will crash the economy and he’ll be hated for 2 years—but history will remember him for saving the country.
🚨 GOLDMAN SACHS DROPS DOOMSDAY STATEMENT: U.S. BONDS HAVE NO BUYERS
Goldman Sachs just admitted the long end of U.S. Treasury market is “totally bidless.”
Translation: almost nobody wants the 10- to 30-year debt the U.S. is trying to sell.
No buyers. None. Zero.
While Treasury Secretary Scott Bessent tells Congress we’re in an “illiquid period,” doubles then triples long-bond buybacks, taps the General Treasury Account to fund it and openly says “I am the house.”
Yields are surging anyway. The 10-year has pushed toward 5.3% and the 30-year is even higher, levels not seen in years while Japan, one of the biggest foreign holders, keeps selling Treasuries and bringing money home.
This was exactly warned by Japan’s @yutokanzakireal that the measures being prepared by Bank of Japan will affect the lives of billions of people and apologized to people of the West.
Soon after, Scott Bessent intervened and effectively took over BoJ operations which Japanese policymakers heavily criticized.
If the same ”bidless” condition hits the short-dated treasuries market, the entire U.S. debt market (and global) collapses.
The U.S. debt crisis will turn into a global liquidity crisis.
@Lukewearechange@BillyM2k How no one saw it was trump when he pushed vaccines and killed millions is the irony of the joke …… let’s enslave everyone with the guy you thought was going to save you
@BillyM2k Gold, crypto you better own it ……. Better have a cabin as well ….. it’s the final nail so they can get UBI and CBDC to everyone they robbed and they will confine you to the city you live won’t be able to travel because whatever bullshit they make up next