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Dina Gregorio's avatar

Bessent needs to have his head checked

Frank Marano's avatar

Crazed wanna be hitler has to be stopped NOW!

Protect the Vote's avatar

Danes Sell Off American Treasuries

The moronic demented behavior of Cheeto and the Denmark Greenland controversy may have significant US bond market implications as the Danes in retaliation to Cheeto's claim that Greenland is US property have sold off their US treasury holdings

The point is that if the bond yields reach 5%....now at 4.26-4.13....the US dollar will essentially collapse ie zero value and the debt unsustainable Currently foreign holders of US treasuries is around $30T A foreign sell off of US bonds will eventuate in higher bond yields thus leading US economic collapse

Bessent is skitterish as he should be as Wall Street is squeamish as gold hits new record highs It the Danes lobby for other EU nations to follow the trend that would put Cheeto and his Greenland conquest on the skids Since a demented malignant narcissist can't take no for an answer he will be the direct cause of US dollar and economic collapse The EU should tread lightly as their fiat currencies will also be in peril and they are pegged to the dollar