ParisLima
135.6K posts
@parislima
Un peruano perdido en Chinatown, Paris…desde el siglo pasado.
This, a direct result of Trump’s tariff policy which is a study in ignorance and incompetence. “China is quietly executing a massive financial strike against the United States. In just one week, Beijing dumped a record-breaking amount of US Treasury bonds. For decades, China bought American debt, which helped keep the US economy running smoothly. But now, they are dumping it faster than ever before. This is a deliberate strategy to shield themselves from US sanctions and aggressively weaken the American dollar's dominance. If China continues this massive selloff, US borrowing costs will explode, triggering inflation and crushing American consumers. The financial Cold War has officially gone hot, and the battlefield is the global bond market.” How long can the US economy survive without foreign buyers for its debt? #LamaStories #WorldAffairs #Economy #Geopolitics — with Edward Johnson.
