The Dollar Is In Big Trouble
China Sells Over $20 BILLION In US Treasuries, The Dollar Is In Big Trouble
In recent years, there has been a notable trend among foreign countries, particularly China and Japan, to reduce their holdings of United States treasuries. This development has raised important questions and concerns about the implications for the United States economy. China and Japan have long been the largest foreign holders of United States debt, with substantial investments in US treasuries. However, their strategies have diverged in recent years. While both countries have been actively reducing their holdings, China’s actions have accelerated, leading to a considerable decline in its United States debt holdings.
Credit to : The Atlantis Report
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