Profligate government spending has institutionalized multitrillion-dollar annual deficits, which have driven up interest rates and left Treasury markets teetering on the edge. Now Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.
$400Bn is nothing in the USA, honestly. Japan could fire sale it all, which it won’t, and in the worst case American actors will buy it all up and the market blip will be over in a single day. Someone will make good money on short sales, though.
$400Bn is nothing in the USA, honestly. Japan could fire sale it all, which it won’t, and in the worst case American actors will buy it all up and the market blip will be over in a single day. Someone will make good money on short sales, though.