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Open original source ↗Who is going to backstop the debt of this build out, if everyone is going from surplus ➕to deficit ➖@ the same time ⏰ ?
Supply & demand always wins 🏆 out in the end… https://t.co/uyDvW7tLiU
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Higher oil prices= immediate deficits Current account surplus -> deficit = Creditor to RoW -> Net selling of assets It’s not just Japan, either. Foreigners own $69 trillion of USD assets and can sell for a long, long time. https://t.co/Zfub40tKCV
infraa_ ↗