Bloomberg - Are you a robot?
www.bloomberg.com

China sold a record $53.3 billion of US Treasury and agency bonds in the first quarter of 2024, likely due to escalating trade tensions and a desire to diversify its assets. This move is raising concerns as China is a major holder of US debt and its actions could impact the US economy. Additionally, China has been increasing its gold reserves, potentially as a way to mitigate sanctions risk.

https://archive.ph/6f6XN

  • Dimmer06 [he/him,comrade/them]
    ·
    1 month ago

    Maybe it's more vulnerable but by the time that's a problem the profit will already be somewhere else and then whoever gets the short end of the stick will get a taxpayer bailout as a consolation prize. They're not doing economics, they're gambling with other people's money.