Rising above the drumbeat of worries about US deficit spending and monetisation of debt, one question looms: "If China and other nations will not keep buying record amounts of US Treasuries, who will?" Trends culminating in the mix of investors are seen as evolutionary, a one-way street. We see a pendulum.
在对美国赤字开支和债务货币化的一片忧虑论调中,一个问题逐渐进入视野:“如果manbetx3.0 和其它国家不再大举买入美国国债,那么谁来购买?”人们将各种投资者之间发展到极致的趋势视为进化,是一条单行线。我们看到的则是摆钟。
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