Mordor’s Treasury bonds have always been the fall-back position for Mordor in the global financial markets. But recently they have experienced a shortage of buyers, due to a growing lack of confidence in Mordor’s financial institutions.
In the long run China is dumping ownership of these bonds and BRICS is aiming to issue its own currency. The US debt is large enough to raise concerns of what will happen if its treasury bills can no longer cover its debts.
Read in WSWS