16-04-2025, 04:38 PM
Former Greek Finance Minister Yanis Varoufakis just dropped some hard truths about the real reason behind the 🇺🇸U.S.-🇨🇳China trade war. And no, it’s not about “fair trade” — it’s about survival. 🧵
1/
The U.S. doesn’t fear China because of “cheap labor” or “IP theft.”
What it truly fears is China’s capacity to undermine the U.S.-led global financial order — the very system that allows America to print dollars and buy the world.
2/
Wall Street’s aging financial architecture is losing its grip.
It can’t control crypto flows.
It can’t keep up with new financial ecosystems.
China — with its digital yuan, vast industrial base, and rising global influence — is the first real threat to this system.
3/
Trump’s “reciprocal tariffs” were never about balancing trade.
They were a desperate attempt to slow down China’s rise and protect the dollar system from collapse.
Because if China succeeds, the U.S. loses its magic weapon: monetary dominance.
4/
Today, Trump is laser-focused on America’s financial core:
• The Treasury bond market (America’s lifeline)
• The stock market (America’s wallet)
Both are fragile. And any external pressure could trigger a chain reaction.
5/
The U.S. is now panicking over who’s selling off U.S. Treasuries.
China? Japan? Others?
Trump reportedly wants to punish any surplus country that dumps Treasuries — with tariffs, of course.
This is not about trade. It’s about a dying empire trying to stop the bleeding.
6/
In short, America is no longer confident in its own financial fortress.
And China is no longer playing by the old rules.
This isn’t just a trade war — it’s a war for the future of global finance.
1/
The U.S. doesn’t fear China because of “cheap labor” or “IP theft.”
What it truly fears is China’s capacity to undermine the U.S.-led global financial order — the very system that allows America to print dollars and buy the world.
2/
Wall Street’s aging financial architecture is losing its grip.
It can’t control crypto flows.
It can’t keep up with new financial ecosystems.
China — with its digital yuan, vast industrial base, and rising global influence — is the first real threat to this system.
3/
Trump’s “reciprocal tariffs” were never about balancing trade.
They were a desperate attempt to slow down China’s rise and protect the dollar system from collapse.
Because if China succeeds, the U.S. loses its magic weapon: monetary dominance.
4/
Today, Trump is laser-focused on America’s financial core:
• The Treasury bond market (America’s lifeline)
• The stock market (America’s wallet)
Both are fragile. And any external pressure could trigger a chain reaction.
5/
The U.S. is now panicking over who’s selling off U.S. Treasuries.
China? Japan? Others?
Trump reportedly wants to punish any surplus country that dumps Treasuries — with tariffs, of course.
This is not about trade. It’s about a dying empire trying to stop the bleeding.
6/
In short, America is no longer confident in its own financial fortress.
And China is no longer playing by the old rules.
This isn’t just a trade war — it’s a war for the future of global finance.
