Irish Mortgage Brokers Blog

Tom Keene, editor at large in Bloomberg has given an interesting interview, talking about Japan and how they are witnessing a sea of change in their economic dynamics, he says there is a ‘flight to dollar’ which is reflective of a ‘flight to quality’. However, with all the lending the USA will require in order to finance their stimulus plan the question is this: will the flight to quality fill the bond orders required? And even if it does, how will the USA pay it all back? Questions worth pondering