When you hear reported [Japan] owns [$x.xx] in US Treasuries, that figure isn’t a monolith. The Japanese government owns some, and Japanese corporations own some, and the Japanese people individually own some, and more. It would have to be a collective effort, and there would realistically need to be a financially sound alternative place for them to safely park their money
That’s an interesting concept in this context. What’s financially sound in a possible WWIII? As far as alternatives, I think it relative. Relative to a sinking ship that will suffer severe divestment from around the world, almost anything, really.
It may be nice to imagine, but as long as the US continues to pay interest on Treasury bonds, US Treasuries will not be viewed as a “sinking ship.” Divestment in this case would be purely a political decision
Now if Japan decided to offload on the other hand…
When you hear reported [Japan] owns [$x.xx] in US Treasuries, that figure isn’t a monolith. The Japanese government owns some, and Japanese corporations own some, and the Japanese people individually own some, and more. It would have to be a collective effort, and there would realistically need to be a financially sound alternative place for them to safely park their money
That’s an interesting concept in this context. What’s financially sound in a possible WWIII? As far as alternatives, I think it relative. Relative to a sinking ship that will suffer severe divestment from around the world, almost anything, really.
It may be nice to imagine, but as long as the US continues to pay interest on Treasury bonds, US Treasuries will not be viewed as a “sinking ship.” Divestment in this case would be purely a political decision
You mean the interest trump is persecuting the fed to lower? That interest?
Glub glub glub. Sauve qui peut!