pull down to refresh

124 sats \ 4 replies \ @grayruby 20 May \ on: Japanese Bond Market Drama econ
It's fascinating. US 10ys keep rising as well. No one wants sovereign debt.
Central banks will end up owning it all.
write
preview
157 sats \ 0 replies \ @siggy47 OP 20 May
Central banks and tether
reply
40 sats \ 1 reply \ @000w2 20h
Sovereign debt is like a money wave flowing to us from the future. The duration at which they can afford to refinance will get shorter and shorter, as which point the hyperinflation crashes into us.
reply
0 sats \ 0 replies \ @grayruby 15h
Well said.
reply
0 sats \ 0 replies \ @Solomonsatoshi 20 May
Japan is monetarily and militarily a subservient tribute state to the USA - just like all the other IMF reserve currency board issuing nations, except China.
Chinas alternatives to USD/SWIFT trade payments protocol hegemony, mBridge and CIPS, are eroding petrodollar market dominance . . . and the US empire it supports.
Monetary and military power projection are co dependent.
reply