With China launched US$ Bonds, US jialat liao! Can't bully others liao!
#9

(26-11-2024, 10:10 PM)teaserteam Wrote:  The debut is only USD 2bil.  Very small amount,  just to testing water.  US Treasury bills,  notes and bonds issuance are in Trillions per month.  The question is why US dollar bonds and not Yuan bonds in Saudi Arabia.  Thought they all tried to de-dollarise USD?

[Image: Screenshot-2024-11-26-215953.jpg]
                  
This is a landmark move done first time. 2nd, 3rd, 4th ... will follow.    


If all countries buy China's USD bond, who will buy US Fed and Treasury Bonds?    

US has a debt of $36 trillion. Who can trust US to pay back?  

Definitely, US will not pay the debts to the lenders.   

Smart countries like Saudi, etc definitely won't buy US debts anymore.   

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