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发表于 2018-12-16 07:42:44
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1. The US wants to be the international policeman and must maintain a strong military force + sending troops around the world to fight and buy influence which costs a lot of money.
As a result, there is huge deficit in recent years.
2. In order to find money to pay for the expenses, US rely on selling Federal Bonds to make ends meet.
3. Due to trade wars + alienating long standing allies, Bond Creditors do not wish to buy.
4. To attract old and new buyers of Bonds, interest rate must be increased to make them attractive.
5. Once Fed increase interest rates on bonds, Banks must follow suit to attract deposits more attractive.
That is why China, being the #1 Bond holder, can play tough with DT! China has DT by his balls!
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