The real downside that nobody is talking about is losing the petro dollars as the world currency takes a lotta demand out of the market for US dollar denominated US Treasury bonds.
This could shoot the long term bond rates into higher (double digit?) rates at the US treasury bond auctions???
Brandon & yellen have really s#!t in their nest
...no demand, just paper. As a creditor, where do you rank in the pay off of $32 trillion?
***Brandon & yellen have really s#!t in their nest***
In 'our' nest - and it smells! ...but they will be well taken care of.