Article Image
News Link • Federal Reserve

Foreign Investors FLEE from U.S. debt

• Seeking Alpha (HT Chris Martenson)

For years, the legions of U.S. perma-bulls have scoffed at the suggestion that foreign investors would ever stop financing excessive U.S. spending/consumption. It is now time for the economic commentators who live in the real world to scoff at the perma-bulls.

 

The Treasury Department just released its July “TIC report” which measures the capital flows into/out of the U.S. economy. For years, this number could be counted upon to show a net inflow which exceeded $100 billion/month. During the worst of last fall's U.S.-created crisis/meltdown, the inflows for October alone exceeded $260 billion.

 

 

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:

Stop Wars T-shirt at The Bitcoin Store