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Honestly, it wouldn't be bad for the world economy if China were to sell some US Treasury bonds and bid yields a little bit. The smart way to avert the time bom
by totalZero 7y ago
Honestly, it wouldn't be bad for the world economy if China were to sell some US Treasury bonds and bid yields a little bit. The smart way to avert the time bomb that is the US equity market is to take a little bit of pain now in a controlled and manageable fashion, in order to avert an eventual uncontrolled crash.
It does seem that people are getting more militant, more aggressive, more angry these days. Kind of makes me wonder how bad the world could get in a sharp downturn like what we saw about a century ago.