Serious Singapore MAS bought too much US treasuries, essentially paying for the US 2trillion stimulus..Going to Kaput!!

[SalahParking]

Remember how stingy this government was to sinkies, did not want to become a welfare state...well you are officially now a welfare country, shake leg can get $1000 free money ..hahhahaah

 

[syed putra]

No body wants Chinese yuan.

 

[SalahParking]

No body wants Chinese yuan.

I want RMB, lots of it...because China is going to dump their Us Treasuries..drive US yields up

 

[Worm]

You are wrong. US saved us this time. We have used about 1/3 of their new $60bn swap line.

 

[SalahParking]

You are wrong. US saved us this time. We have used about 1/3 of their new $60bn swap line.

are you sure?

 

[Splendicker]

Follow LKY rule, always be friends with the west.

 

[SalahParking]

If MAS and GiC is smart, they should start selling our US Treasuries...before the big bond crash

 

[Worm]

Yes, there were too much fund redemption in March causing liquidity crunch and USD shortage.

US saved us.

 

[crimsondue]

If MAS and GiC is smart, they should start selling our US Treasuries...before the big bond crash

There will never be a bond crash because there is no better alternative currently. Looks like even Bitcoin has fizzled out.

 

[SalahParking]

There will never be a bond crash because there is no better alternative currently. Looks like even Bitcoin has fizzled out.

Bitcoin is scam. You can buy China Govt Treasuries.., RMB will become a reserve currency

 

[SalahParking]

if Fed reports are right, MAS started dumping US treasuries at firesale prices last month...

Not too late to dump all, FED will buy everything now

 

[tanwahtiu]

Print toilet papers without gold backup... every cuntry can do that, except they are not the bully with gunboats ready to fight US.

You are wrong. US saved us this time. We have used about 1/3 of their new $60bn swap line.