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World finance: Nobody wants Uncle Sam's debt and the EU institutes carbon credits - UK Column News
Sources: https://www.ukcolumn.org/video/uk-column-news-19th-december-2022
- St Louis Fed chart—Liabilities: Earnings Remittances Due to the U.S. Treasury (2010–present)
David Scott analysis: $14.3 billion weekly hole; the Fed will create notes promising to fill this hole in later
Global Times (China): China and Japan again sell US debt; China's holdings hit 12-year low
iMedia: Japan sells U.S. Treasuries at record pace
David Scott commentary: The value of US debt, and of the whole world bond market, is under threat—and the entire banking system is leveraged off the bond market
- Middle East Eye—Egypt: Gold-buying mania as national currency loses value
David Scott commentary: As often, the journalistic turns of phrase seek to dissuade plebs from buying gold
Reuters: Inflation and uncertainty fuel new gold rush at ancient Austrian Mint
David Scott analysis: The runaway sales of bullion indicate that the price of gold is much too low and will soon spike
- Prominent Dutch dissident Eva Vlaardingerbroek: The European Union just introduced the first step of a personal carbon credit system
EurActiv: EU agrees carbon market overhaul in bid to hit 2030 climate goal
David Scott commentary: More pressure on desperate European industry
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