Japan has lot control of their yield curve, the Treasury is looking to issue $1.85T worth of debt through the rest of the year, and the US government just had its credit rating downgraded to AA+.
The sovereign debt crisis is beginning to cascade.
https://tftc.io/martys-bent/issue-1367-nations-are-losing-control/
It's probably nothing
Don't underestimate their ability to kick the can.
Nothing to see here folks! Move along.
#EndTheFed
Japan has been printing tons of money to stabilize its bond yield.
They'll be printing exponentially more and the cracks are starting to show, this will be catastrophic for the whole region.
I didnct know the S&P is rated AA+ too. I wonder what the #bitcoin rating is.
Cracks are starting to show but when is it going to break? Because if they can kick the can down the road for 50 years then they will do it, and actually call it a success. The magic of Keynesians 🤡
That’s the sound of instability.
Slowly, then suddenly…
"The tremors are beginning to rumble louder and louder, the central banks have lost control of their monetary systems and the governments have absolutely no ability to stop themselves from binging on debt, which makes for a pretty precarious situation. It's not shocking that they want you focused on aliens, climate change, and the latest round of Trump indictments. They have completely lost control of the money behind the scenes."
