BH!, didn't Bernanke write in his deflation-fighting paper that one of the final options is to purchase foreigners debt? Maybe the US will need to support England now by buying their government bonds.
"The market has just said to England - keep on printing money and we'll boycott your government debt issues. Down that path lies the BoE being the only buyer of government debt in the market, which is how things started in Zimbabwe."
This is becoming mind-blowingly scary. Interest rates could be rocketing higher soon.
Rowingboat.
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a strong sign of whats to come....., page-7
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