Janet Yellen headed to Beijing in July to make-nice with China to buy Joe’s debt
Bidon has always been a globalist. He wrote an article in a 1989 0r 1990 WSJ that stated he supported the subjugation of the United States into the international order.
Obama and Biden are rightly being slammed in the article. But it’s important to note that they could not have done any of this without GOP support. There are no good guys in this story, with the possible exception of Rand Paul.
$58 billion in six-month bills at an investment yield of 5.45%
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When risk free interest rates rise to relatively high levels many investors will start selling equities and putting the proceeds into treasuries. A guaranteed 5.45% is a very attractive yield. This could put selling pressure on the stock market.
They killed America a long time ago, it’s just looting the corpse at this point.
As a point of order though, the writer of this article should not disparage drunken sailors, because, they are spending their own money!
Actions have consequences.