Comments by "DailyBeatings" (@DailyBeatings) on "The PIIGS, China, and Vietnam: Private investors chase higher yields and risk, send USD back to US" video.

  1. US Treasuries are now being purchased by private foreign investors because of the high interest rates they're currently getting. According to economist Phillip Pilkington these investors, unlike purchases by foreign governments, are rate sensitive. Therefore once yields drop due to a recession foreign investors will stop buying them forcing the US trade deficit to close and US living standards to fall.
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