Thread by @Aryanwarlord

A #MiddleEast kingdom just sold around 5% of it's #GDP in bonds .
Do not ask who, or to whom it was sold.
You'll know soon enough.

Have messaged my source asking whether i can name the country.
Will let you know as soon as I get s revert.

Answers:-
Q) Who sold bonds?
-Well so it turns out three #MiddleEast countries sold bonds yesterday to try & stay afloat .
1) #SaudiArabia
2) #Qatar
3) #UAE ( The emirate of #AbuDhabi )

Q)Did we buy any?
-Unclear as on date .

Many #MiddleEast economies could collapse .While this could be positive wrt spread of Wahhabi fundamentalism it will in the medium term cause governments that have so far controlled the virulent #Jihadis from complete pandemonium to collapse.
That will be problematic!

The #Israeli government seems to have begun it's homework into how a systemic collapse of the #MiddleEast could impact #Israel & the region .
google.com/amp/s/m.jpost.…

Details here

https://twitter.com/mystiquememoir/status/1252658279676653568?s=19

The #USA bought $7Bn worth of bonds from #Qatar .

5 year bond at 300 basis points.

10 year at 305 baisis points

30 year at 4.7%

The interest payments do two things
1) Guarantee Qatar will keep struggling with it's economy.
2) Guarantee a US foothold in Qatar.