As @RobinBrooksIIF and @Brad_Setser like to remark, one of the defining feature of the world economy right now is that

As @RobinBrooksIIF and @Brad_Setser like to remark, one of the defining feature of the world economy right now is that foreigners are no longer major net purchasers of US sovereign debt. They hold their stocks but dont add to them much. twitter.com/RobinBrooksIIF…

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