pull down to refresh

20 sats \ 2 replies \ @justin_shocknet 9 Apr \ on: China announces 84% retaliatory tariffs on US goods econ
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.
write
preview
100 sats \ 1 reply \ @Solomonsatoshi 9 Apr
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
20 sats \ 0 replies \ @justin_shocknet 9 Apr
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