Shares Are Tanking Like Crazy

The idea is that this crisis is going to be really damn expensive. And the south africans ar going to need to borrow money. They're thinking, we're going to need a lot of cash to loan to hemerging market. In the mutual funds in the us, it's simply ok, we've got a balance of different assets here. Shares are just tanking like crazy. This is not a moment to try and liquidate those. Let's sell our treasuries instead. So i'm selling my treasuries in order to give myself the liquidity that these other countries are going to wind up neading. Now is the time to load up on dollars.