The problem is, it goes deeper than that. China has been the major customer for US T-bills. In a way, they helped prop up our falsely inflated economy where the Fed prints money and it gets used to pay interest on loans of the fake money. So if China cuts off T-bill purchases it will totally fuck over the fraudulent scheme, and as result the US will see big inflation as the dollar grows more worthless. There is a delicate balance in all these things, but the knuckledraggers running politics ignore that.
This all may be related to Goldman Sachs announcing they plan to split operations. I suspect they know well ahead of time that their domestic banking operations may end up shitting blood in 2023.
Yes, and the OBiden admin and the Fed know that. This war trend is deliberate, probably to make sure they can sink the US economy and cause the great reset.
The problem is, it goes deeper than that. China has been the major customer for US T-bills. In a way, they helped prop up our falsely inflated economy where the Fed prints money and it gets used to pay interest on loans of the fake money. So if China cuts off T-bill purchases it will totally fuck over the fraudulent scheme, and as result the US will see big inflation as the dollar grows more worthless. There is a delicate balance in all these things, but the knuckledraggers running politics ignore that.
This all may be related to Goldman Sachs announcing they plan to split operations. I suspect they know well ahead of time that their domestic banking operations may end up shitting blood in 2023.
If China threw in the towel and said "fuck it" with buying US debt, their economy would crash as well as the US's would.
China has a billion peasants that it must keep employed with dreams of being rich some day.
Out of the 31T in debt, China holds 7T of it. Shit.
They have the ability to fuck us over for this!
Yes, and the OBiden admin and the Fed know that. This war trend is deliberate, probably to make sure they can sink the US economy and cause the great reset.
Oh, look at the downvotes. I am so afraid.