Bond Vigilantes Balk At Western Debt
China DailyHere's why the Great Satan, history's worst ever debtor and defaulter, smeared China as "uninvestable". Meanwhile, the EU has no takers for its common bonds for a “green industrial strategy”, and whoever wins the American presidential election next week will quickly find they have to calm Wall Street’s growing nervousness over the country’s massive borrowing.... Perhaps most importantly of all, Wall Street is starting to worry about the stability of the American government’s debt, with bond yields hitting a three-month high over the last week even as the Federal Reserve cuts interest rates. - Rachel Reeves thought she was being clever: punishment has been swift Admiral Lisa Franchetti, the head of the US Navy, says: “Today’s budget constrained environment requires the Navy to make prioritised investments to keep more ready players on the field. The Navy is actively pulling the right levers to maintain and grow its Battle Force Inventory to support the United States’ global interests in peace and to win decisively in conflict.” - The US Navy is about to learn the same bitter lesson as the Royal Navy Needing to pay-off the debt, the zionist Daily Telegraphic Nonsense has adopted Gina Raimondo's dirty-tricks campaign, which max. "Donald Trump called former US president Jimmy Carter to discuss fear China is ‘getting way ahead’ of US" Harvard University’s Belfer Center for Science and International Affairs stressed that China has “displaced the US as the world’s top high-tech manufacturer.” In terms of “artificial intelligence, 5G, quantum information science, semiconductors, biotechnology, and green energy … it has already become number one.