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by StanislavPetrov
2756 days ago
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>The unwinding of this many treasuries has always been a concern about the whole 2008 crisis along with the unintended consequences of ZIRP. One of many concerns! Given that the solvency of the USA and the entire global economy is predicated on interest rates not rising substantially, things are going to get very interesting (not in a good way) next time we have an economic crisis. |
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