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Comments by "" (@Robertgriffinne) on "BRICS Tries to Ride on the Dedollarisation Wave | Vantage with Palki Sharma" video.
It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately 350k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?
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Please can you leave the info of your invstment analyst here? I need such luck lol
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