“The US Treasury released data last Thursday tracking international capital flows for the US through June. The outflows out of US securities was shocking. Especially troubling was the amount of US Treasuries sold by foreigners. Their outflows exceeded those from US bond funds. The data suggest that foreign investors may have been more spooked by the Fed’s tapering talk in May and June than domestic investors. As the US federal deficits have swelled, the US government has become more dependent on the kindness of strangers. Apparently, they are losing their interest in helping us out with our debts.”
http://blog.yardeni.com/2013/08/us-international-capital-flows-excerpt.html
(Visited 33 times, 1 visits today)
Related posts:
FBI Failed to Track Boston Terrorist Suspect’s Flight to Russia: Misspelled Name
Last Week’s Mortgage Applications Were at a 13-Year Low
Beef Prices Set New Record Highs
Alabama’s becomes ‘shall issue’ concealed carry state
Libertarian billionaire warns of 'financial Armageddon' after U.S. election
15 year old girl leaves anti-gun politicians speechless
Real Reason for the US's Global Tax Levy
Ohio Appeals Court Forbids Traffic Stop Over Unpaid Parking Tickets
Overstock’s Radical Plan to Reinvent the Stock Market With Bitcoin
Ending the Ownership of Money
Bose accused of spying on end users, data mining via headphone app
Video Now Missing From Confiscated Phone In Beating And Murder Of David Silva By Police
DOJ: Drug Traffickers Easily Circumvented TSA For Years
Billion-dollar startups everywhere — but no billion-dollar entrepreneurs
Student, 10, arrested for having toy gun in backpack