42 sats \ 2 replies \ @zx 19 Jun \ on: Geopolitics: the big loser is Europe econ
Do you think "$63 Billion In Treasuries & European Bonds" is significant liquidation?
Will that mean $63B US/Euro sloshing around on the sea of FX liquidity, or it just gets amortised as a statistic, like hot potato?
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21 sats \ 1 reply \ @TomK OP 19 Jun
that sounds like a lot, but it will be absorbed very quickly in view of the stable international demand for US government bonds. if necessary, the ECB and its vassal banks from the European Union will step in.
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0 sats \ 0 replies \ @zx 19 Jun
Had not thought of that but sometimes feel the impending doom headlines are oversold.
Maybe if there are more similar liquidations, it'll finally become a headache for the USD and Euro.
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