China Ditches US Bonds: How This Decision Affects You
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Top Comments (10)
The name is Bond. Junk Bond.
Let’s face it the US became the bully on the playground and the other kids are tired of it
American need to stop printing money and focus on their own people and reduce governments and governments spending.
Yeah man, this really was BORING AF. That's the type of content I really like. When you get all geeky. Thanks for breaking this down and making sense out of this.
Bitcoin breathing heavily in the corner...
Thats called a Ponzi Scheme
Makes country* Makes own currency* Prints a bunch of money and tries to sell tanks to other countries* Buys a bunch of US Bonds with currency conversion* Uses interest to increase US dollar reserves and gold* Increases value of own currency because of reserves*
BRICS isnt just those countries anymore they added UAE, Ethiopa, Iran and Egypt
$50 billion that's cute. We're 35 trillion dollars in debt.
China should dump 500 billion junk bonds instead of 50. Btw Japan is stopping indefinite buying USbond to protect yen from plunging.
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Top Comments (10)
The name is Bond. Junk Bond.
Let’s face it the US became the bully on the playground and the other kids are tired of it
American need to stop printing money and focus on their own people and reduce governments and governments spending.
Yeah man, this really was BORING AF. That's the type of content I really like. When you get all geeky. Thanks for breaking this down and making sense out of this.
Bitcoin breathing heavily in the corner...
Thats called a Ponzi Scheme
Makes country* Makes own currency* Prints a bunch of money and tries to sell tanks to other countries* Buys a bunch of US Bonds with currency conversion* Uses interest to increase US dollar reserves and gold* Increases value of own currency because of reserves*
BRICS isnt just those countries anymore they added UAE, Ethiopa, Iran and Egypt
$50 billion that's cute. We're 35 trillion dollars in debt.
China should dump 500 billion junk bonds instead of 50. Btw Japan is stopping indefinite buying USbond to protect yen from plunging.