z***y
发帖数: 79 | 1 ZZ from
http://market-ticker.denninger.net/archives/1693-Here-It-Comes...-Sovereign-Treasury-Sales.html
ZZ
I have repeatedly warned that there's an "end game" coming if we do not cut
out the monetization games.
I have repeatedly warned that the "end of the world" scenario comes about
if The Government cannot finance its operating requirements (e.g. interest
cost exceeds income), as that event will result in an instantaneous "death
spiral" of credit downgrades and ramping CDS spreads, which in t | S******n
发帖数: 617 | 2 Maybe.
Bears are reallllllly happy to see YEN carry-trade back, instead of
USD carry-trade (what a brutal unwind that will be!).
Japan has to trash YEN to save their export economy, hoho.
cut
up
【在 z***y 的大作中提到】
: ZZ from
: http://market-ticker.denninger.net/archives/1693-Here-It-Comes...-Sovereign-Treasury-Sales.html
: ZZ
: I have repeatedly warned that there's an "end game" coming if we do not cut
: out the monetization games.
: I have repeatedly warned that the "end of the world" scenario comes about
: if The Government cannot finance its operating requirements (e.g. interest
: cost exceeds income), as that event will result in an instantaneous "death
: spiral" of credit downgrades and ramping CDS spreads, which in t
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