anon-bjec
2 hours ago

Let those peasants in the United States wail

This is how they see us, and why wouldn't they after the embarrassing displays the left has made in recent years. They own(ed) Xiden. Then Yellin made trips over there bowing and scraping submissively before even the lowest level party members. Lots of examples.

President Trump, they will find, is far different. //

SSN674 Donner’s Party
39 minutes ago
For the Chinese government to dump large amounts of U.S. Treasury bonds, they would likely have to sell those bonds in exchange for U.S. dollars, which they would then convert into Chinese yuan. However, this process increases the supply of dollars and raises demand for the yuan in the foreign exchange market, which puts upward pressure on the value of the yuan relative to the dollar. A stronger yuan makes Chinese exports more expensive and less competitive globally, which is the opposite of what China typically wants to achieve. To counteract this effect and maintain the competitiveness of its export-driven economy, China would have to take steps to devalue its own currency—such as loosening monetary policy or intervening directly in currency markets. So paradoxically, by trying to offload U.S. bonds, China risks hurting its own economy by pushing up the value of its currency unless it takes simultaneous measures to weaken it again.