"Out of nowhere came a new category of buyers referred to as “Carribean Banks” [sic]. My understanding is that this is a nice euphemism for FED-owned hedge funds who serve as a shill buyer to keep up the appearance of demand for US debt."
Hahaha do people believe this rubbish?
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- very sobering reading ...
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very sobering reading ..., page-5
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Dr Michael Thurn, CEO & MD
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