Saudi Arabia Just Sold All Of It's US Treasury & Debt!
#1

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#2

Like that China got stranded

8Umbrella Umbrella
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#3

China should do the same quickly.
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#4

Cannot sell cannot sell... Tongue

Sure gotch peepur notch happy about this lolololol.... Tongue

“Three things cannot be long hidden: the sun, the moon, and the truth” – Buddha.
[Image: https://i.ibb.co/0hWSqby/wednesday-quote.jpg]
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#5

(03-09-2024, 12:24 PM)Alice Alicia Wrote:  China should do the same quickly.

China has already sold a lot of bonds, it used to be number one holder and now it holds less than Japan.
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#6

They suddenly realised that they were holding blank papers. There are no securities that back it up. Japan will use the returns to pay for the maintenance of military assets.
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#7

(03-09-2024, 12:20 PM)klat Wrote:  Like that China got stranded

Last Buyer always is Fed. Let them hold the bomb Laughing

A quick dying America is no good for everyone. Slow death is better


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#8

ALL?! All?? Sure or not
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#9

I sold mine yesterday
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#10

Really? I know Saudi Arabia does not hold that much US debts (lower than Singapore's holdings) but I don't think it is zero. It was still at around US140B just last month which means it is considered a 'major' holder of US treasuries. The amount has been increasing over the last 1 year plus.
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#11

China quick follow. So USA cannot lower interest rates. Only way is for USA to start WW3!!
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#12

SG hold 219 billions.


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#13

(03-09-2024, 02:52 PM)Niubee Wrote:  SG hold 219 billions.

SG's holdings has also increased in the past 1-2 years, I think. Most probably due to the yields?
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#14

(03-09-2024, 02:52 PM)Niubee Wrote:  SG hold 219 billions.

[Image: major-foreign-holders-of-us-treasury-debt.jpg]
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#15

https://asia.nikkei.com/Business/Finance...pean-bonds
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#16

https://www.heritage.org/markets-and-fin...sh-us-debt
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#17

(03-09-2024, 02:56 PM)Blin Wrote:  So much?.

June 2024 data. Fed website


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#18

[Image: IMG-1714.png]

China used to be the largest U.S. debt foreign holder and has significantly reduced nearly 30% in recent years.
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#19

Normally, before a country issues securities and pays interest, it needs to be backed up by physical properties. The US is the exception. The world continues to buy them up. Everything is like a merry-go-round.

The U.S. and its allies had seized Russia's assets to buy their military equipment for Ukraine.
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#20

(03-09-2024, 02:54 PM)Levin Wrote:  SG's holdings has also increased in the past 1-2 years, I think. Most probably due to the yields?

This is part of the protection money
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