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RE: MUST WATCH: The Financial System Is Being Weaponized. By Gregory Mannarino
Resteemed. Yeah, I don't get why Trump is taking all this credit from the stock market. If China were to do what you're saying, wouldn't it be a world of hurt for them as well? I mean, they have major debt problems of their own and rely on our economy to stay afloat. Am I way off here?
China has a big debt problem too and they will suffer by doing this. The only difference is that if they dump their bonds, the dollar will take a huge hit. Considering that most of their debt is US dollar dominated, it will be much cheaper for them to "pay it back".