by Boo_Randy
China dumping its $1 trillion in U.S. Treasuries would be the ultimate “F*ck you!” to the Fed and the Brandon regime.
asiatimes.com/2022/07/is-china-really-abandoning-the-buck/
It isn’t happening yet but a massive China dump of US bonds is currently the biggest risk facing markets
TOKYO – For years, currency traders have been bracing for an inevitable Chinese pivot away from the dollar. Now, the debate is heating up anew as Beijing trims its vast US Treasury debt holdings in headline-grabbing ways.
“Could this time be different?” These four words may be the most dangerous in economics. But they are worth taking seriously as years of neglect catch up with the globe’s reserve currency.
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