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Always do your own due diligence. We seek safe harbor.
It already has.
The Fed is “swallowing its own vomit” through the QEs and through the secret credit swaps used to buy USTs via little Belgium, for example.
From March 2013 to March 2014, Belgium, little Belgium out of nowhere, bought more than $193 Billion of USTs for absolutely no reasons and with absolutely no financial means to do so.
The US was also trying to do the same with the secret Caribbean banking centers during and before the 2008 financial crises.
BTW, the proper definition of USTs is US “Toiletries”.