- cross-posted to:
- worldnews@lemmygrad.ml
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmygrad.ml
- worldnews@lemmy.ml
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
China has the ability to produce 8x the number cruise missiles in the entire US armory every week, so obviously we can crush them in a conflict.![holden-bloodfeast holden-bloodfeast](https://hexbear.net/pictrs/image/92e04402-6bb3-41fc-b424-0468066e2f06.png)
USA in WW2: liberty ships aren’t pretty but we’re making three a week.
USA in WW3: this overweight and over-engineered wunderwaffe will overcome the enemy