US Treasuries Have Become Unappetizing for Foreign Central Banks and Governments
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US Treasuries Have Become Unappetizing for Foreign Central Banks and Governments
Unofficial Hacker News client; not affiliated with Y Combinator.
1over137 · · focus · HN ↗
carefree-bob · · focus · HN ↗
So the opposite of this article is true. You can get all the data from the Z.1 release.
Please don't take these types of flame bait articles seriously or try to spin up an entire world view based on them as you will end up not only directionally wrong, but believe in the exact opposite of reality.
FYI, that $500B increase in treasury holdings is not the whole picture, there are also the agencies (housing mortage backed securities guaranteed by the govt) and foreign holdings of those also increased by $70 billion over the last year, and are about 1.5 Trillion.
slg · · focus · HN ↗
tialaramex · · focus · HN ↗
cmurf · · focus · HN ↗
As for the landing, perhaps the best advise I read was from Bob Hoover (aerobatics in a twin Aero Commander): If you’re faced with a forced landing, fly the thing as far into the crash as possible.
The key word: fly. You are not flying if you are stalling. And you only have positive control if you're flying. Or also: don't stop too abruptly.