pull down to refresh
China is the biggest holder of USTs.
If they put them up for sale en masse USD and USA would be toast.
Bessent is a delusional moron.
reply
No they aren't, they hold less than a trillion... we print that every quarter.
China's shitcoin has nowhere to go but down, and with it their ability to import food and energy.
Bretton Woods 3 inevitable.
reply
De-listing Chinese stocks would be a spicy response, that'd cut off a lot of dollars. CNY is toast.
Bessent also hinted at a bloc after getting finalizing things with allies, Bretton Woods 3.0 imminent. They're calling it a "Golden" Age for a reason, which will grease the skids for actual settlement.