U.S. lets China bypass Wall Street for Treasury bond orders. China can now buy U.S. government debt straight from the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, says Reuters. Forget the UK, our “special relationship” now is with our new Sugar Daddy. Bet they’ll get the best seat at the fire sale when the day of forced liquidation arrives, too.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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