its not only a problem for average person, but also for US govt, as they are mainly reliant on re-financing of $30T debt, plus an unending appetite, which would have dire consequences as teenies approach 3%
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give Trump some credit ...
instead of negotiating w/ US, China retorted to devaluing Yuan .. at the expense of Chinese people .. to maintain the country's competit...
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although a quarter point cut is announced which is what was expected, but thinking about about fewer cuts next year ..market dropped 4.2% fr...
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That 40000 smart people working in US govt realized that they should quit before being fired .. .. that the job they are doing may not be ne...
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