jump to navigation

UK Treasury Sale Fail: Nobody To Buy The Debt March 25, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
Tags: , , , , , , , , , , , ,

Obama Stimulus Plan Crashes Into Reality

The only way to put money into the system – QE, “Quantitative Easing” – is to sell debt for cash. The UK appears to be the only large industrial nation willing to support that route, however it has failed today to realize on the action as it’s treasury auction failed to attract interest.

The Obama plan depends on the worlds sovereign funds and investors to buy it’s treasuries, and this is the first stark sign that it may not go as planned.





No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: