2 ms·
None that can absorb such enormous capital flows.
by nradov 2mo ago
None that can absorb such enormous capital flows.
- IshKebab 2mo agoNonsense. The USA is not bigger than the rest of the world.
- nradov 2mo agoUS capital markets are the largest and most liquid in the world. It's not even close. There are of course a zillion other borrowers worldwide but they're all much smaller and suffer from a variety of other structural problems. If you need to deploy a huge amount of capital with low risk and high liquidity then US treasuries are still the only realistic option.