Can Majority Stakeholders Throw out the Leaders?
"International investors own about 51 percent of the $6.36 trillion in marketable U.S. government debt outstanding, up from 35 percent in 2000, according to data compiled by the Treasury. "
Am I unclear on this concept?
Oh, and here is a great quote:
"“It’s a fundamental dollar-down trade,” said James McCormick, global head of foreign exchange and local market strategy at Citigroup Inc. in London. “The truth is that countries like the U.S. with handicapped banking systems, with overextended fiscal policy, are going to see very shallow recoveries.”"
Thanks for the lack of agency, asshole.