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Husky Energy Inc. cumulative redeemable preferred > China holds a lot of US debt. The Feds are buying up Debt.

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Comment by firstworldon Apr 14, 2020 9:58am

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Post# 30906888

RE:RE:RE:China holds a lot of US debt. The Feds are buying up Debt.

That's why govt should not be providing welfare payments to any one. If you can't survive a multi week or month downturn it's a marginal business or poor management and should fail.

Lot people would be happy to work on farms if they had to earn, but they don't because always getting welfare.

RagingBull3 wrote: That's because Americans/Canadians unwilling to work. Farmers are destroying crops probably because they can't get Mexicans to come and farm/harvast....

firstworld wrote: We have all been transferring wealth to China and Mexico for 25 years why is anyone surprised? Just balme it on the Chinese and cartels LOL

RagingBull3 wrote: As I understand, this debt are at "premium" prices...ie bond prices so high that they virtually yield Zero. Is the Feds transfering wealth to China??!!!