To: muawiyah
Is a sell off US bonds good for the Asian markets? Why?
311 posted on
06/09/2009 7:28:25 PM PDT by
jveritas
(God Bless our brave troops)
To: jveritas
Let's say there's a pile of money. We have various places we can put it. We would wish we had a safe place for it. If it's presently invested in American securities, it's obvious that's not safe, so we sell ahead of the crowd and pull that money back to put it in some other safer place.
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