Replies

Here we go, USD dethroning first volley.

1 posted on 03/13/2022 2:17:25 PM PDT by delta7

To: delta7

High interest rates = high risk to gain ratio. Junk bonds have high interest rates.

2 posted on 03/13/2022 2:21:56 PM PDT by Eleutheria5 (January 6, worst assault on democracy since the Reichstag Fire)

To: delta7

Here we go, USD dethroning first volley.

Yeah, until all those Chinese people try to get their money out in a few years.

3 posted on 03/13/2022 2:28:17 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])

To: delta7

Rouble accounts were paying 20% plus.

4 posted on 03/13/2022 2:31:41 PM PDT by BiglyCommentary

To: delta7

Here we go, USD dethroning first volley

They're BRIC nations (read...factory nations).

There will be no "dethroning" the US Dollar.

5 posted on 03/13/2022 2:32:57 PM PDT by politicket

To: delta7

The lowest rated tranche of a Collateralized Debt Obligation pays the highest interest rate and is the most worthless.

6 posted on 03/13/2022 2:34:29 PM PDT by politicket

To: delta7

8% paid in what? Yuan? The Chinese play around with that valuation every day.

I agree that the dollar is in trouble, but the Yuan isn’t taking its place.

14 posted on 03/13/2022 2:49:46 PM PDT by Vermont Lt

To: delta7

VTB Bank has offered its customers the option of opening Chinese Yuan deposits in thier savings accounts, which pay up to 8% interest.

Wonder how many Russians have access to Chinese Yuan...just a first thought.

18 posted on 03/13/2022 2:53:19 PM PDT by ex91B10 (Just because you can doesn't mean you should. )

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