CHINA DUMPS US BONDS: 18-YEAR LOW
China has reduced its investments in US Treasuries to $618 billion, the lowest level since August 2008. This is less than half of the 2013 peak value of $1.3 trillion.
China is not just selling securities — it is showing that it can bring down the market. Borrowing is getting more expensive, the debt of $40 trillion is growing, and Americans are paying for it with mortgages and prices. The White House is busy with scandals, while Beijing is quietly withdrawing from our assets. quietly unwinding its position.
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