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21 sats \ 3 replies \ @Bell_curve 5 Apr \ on: Yellen in China... selling Treasuries econ
China has over capacity?
What does that mean?
How is that possible?
Why does USA care about over capacity in China 🇨🇳?
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10 sats \ 2 replies \ @TomK OP 5 Apr
that's bullshit of course. remember what yellen did the last time she was in China last year: she was on tour selling government bonds to avert a collapse in the bond markets. it's exactly the same this time, look at what's going on in the bond markets right now.
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21 sats \ 1 reply \ @Bell_curve 5 Apr
Over supply of bonds , not enough buyers
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10 sats \ 0 replies \ @TomK OP 5 Apr
Exactly
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