Loading ...Exactly. Foreigners are dumping bonds in droves because they know that at some point they’ll be the bagholders. The Fed will have to be the buyer of last resort. Our debt is unsustainable and will never be repaid.
I am one who doesn’t think Putin is the devil. Compared to our current government – RINO’s included – he seems pretty sane to me. I think most of the world has had enough of the west in general, but mostly the US, UK, France and the EU. They want war 24/7. To what end? Haven’t quite figured that out.
Truth is, Russia and China don’t have to do anything. We will collapse under our own weight. Bringing in all the migrants just expedited the process. Maybe the globalists think they can come in and reset and pick up the pieces, I don’t know. I do know that absolutely nothing we’re doing in this Biden (Obama) regime makes any sense.
Metals look good but the shares are tied to the hip with the SM.