SG Talk

Full Version: PRC no money buy US Bonds liow!!!
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Yeah-lan, came too late. Fatty Xi already spend all the money liow .....  Laughing

Hickey added that central banks will continue to diversify away from the U.S. dollar as the nation's debt continues to grow. Hickey pointed out that the U.S. National Debt has increased by $1 trillion since the government passed legislation to lift the debt ceiling early last month.

"U.S. govt. spending is out of control & there's little doubt that's a primary catalyst for foreign central bank gold buys," he said.



https://www.kitco.com/news/2023-07-10/Ch...month.html
To be fair winnie ish preparing for war, so buying gold ish definitely a better option nao. AT lands still got 1.5b chives for CCP to chop and harvest, won't run out of RMB one lah. ATs will likely starve to death first before CCP run out of RMB one.
Unlike last time, china now has much less hjzg ermaos so less likely to hv big disasters like starvation
(12-07-2023, 02:26 PM)Soulhacker Wrote: [ -> ]To be fair winnie ish preparing for war, so buying gold ish definitely a better option nao. AT lands still got 1.5b chives for CCP to chop and harvest, won't run out of RMB one lah. ATs will likely starve to death first before CCP run out of RMB one.

They are spreading out people to farmland.