That seems to be what triggered the walk back this week, which gives China a lot of leverage here. If they start dumping their t bills, our interest rates would likely skyrocket.
Replies
Our interest rates are skyrocketing.
apr 12, 2025, 3:54 am • 0 0 • view
Be cool, trust Trump 😬😜
apr 12, 2025, 5:47 am • 0 0 • view
Like @tpasinet.bsky.social says, feels like the Canadians got this going but buying up a bunch of treasuries and then quietly selling them off. If the EU and Japan were in on it all the better. Nothing will turn the heads of the greedy billionaire class than sinking bond markets and devalued dollar
apr 12, 2025, 10:24 pm • 7 0 • view
You don’t think they don’t have crypto, and lots of it.
apr 13, 2025, 1:38 am • 0 0 • view
So we should purchase them instead? Never sat right with me that a big adversary of ours owns so much of our t bills.
apr 12, 2025, 4:21 am • 1 1 • view
Former presidents and their econ stuff should have acted to curtail this a long time ago. They didn't.
apr 12, 2025, 5:46 am • 2 0 • view
and there goes the housing market
apr 12, 2025, 10:50 pm • 0 0 • view
China also owns a lot of mortgage backed securities. The net effect of them dumping MBS would smoke the housing market. Bessent the dope knows this. IMO that’s why he intervened. Look at what happened to mortgage rates in just the last 5 sessions.
apr 12, 2025, 12:12 pm • 2 0 • view
apr 12, 2025, 1:41 am • 123 22 • view
Ain’t that the truth
apr 12, 2025, 7:27 am • 1 0 • view
30+ million of his followers are confused by them too, but they still want them.
apr 12, 2025, 7:47 am • 16 0 • view
Looking forward to the memes of Xi telling Donald he doesn’t have the cards while holding T-bills.
apr 12, 2025, 4:52 am • 2 0 • view
To clarify/simplify for people not knowing: we buy a lot of goods from China, and China uses this export revenue in part to buy our gov't debt (and finance us). It's a gross simplification in a complex web, but this is an important strand of that web. Which is why we need nuanced policymakers.
apr 12, 2025, 4:23 am • 51 3 • view
Who's gonna buy American bonds from the Chinese now?
apr 12, 2025, 5:37 am • 0 0 • view
Thank you
apr 12, 2025, 4:46 am • 2 0 • view
Supposedly, it was the Canadians coordinating with the EU and Japanese.
apr 12, 2025, 1:40 am • 48 3 • view
Carney is exponentially smarter than anyone in this administration.
apr 12, 2025, 3:31 am • 2 0 • view
I’m thinking we threatened to pull our roughly $350 billion in bonds. Japan own $1 trillion.
apr 12, 2025, 1:41 am • 42 4 • view
That's what the article I read said. It's helpful to have an econ PhD as a PM in a trade war ;) Well played.
apr 12, 2025, 1:55 am • 77 1 • view
Well, someone put the idea of high tariffs in Orange 🤡's head. Who was that someone, and why?
apr 12, 2025, 5:41 am • 7 0 • view
Lots of morons are responsible, including Trump's own stupidity. However, Peter Navarro is especially responsible and especially moronic.
apr 12, 2025, 11:48 am • 5 0 • view
Peter are amazing. Amazingly stupid 😂
apr 12, 2025, 1:49 pm • 1 0 • view
So is Ron Vara! 🥸
apr 12, 2025, 12:07 pm • 10 0 • view
Exactly ;)
apr 12, 2025, 12:29 pm • 0 0 • view
They don’t even need to sell what they currently own. All they need to do is buy fewer at our upcoming treasury auctions, to dramatically swing our interest rates.
apr 12, 2025, 11:43 am • 25 0 • view
Even easier. China doesn't have to do anything but to announce that they're not buying more treasuries. They can tank our economy in less time than it took Trump to blink and cancel tariffs on chips, phones and computers
apr 12, 2025, 3:41 pm • 59 10 • view
Excellent point.
apr 12, 2025, 3:43 pm • 4 0 • view
TY
apr 12, 2025, 3:44 pm • 0 0 • view
Thank you for this info! I was not aware of this at all! 🙏🏼
apr 12, 2025, 8:51 pm • 2 0 • view
As is always the case, we can't tell if he's just a complete moron or if he's acting with purpose. Russia and BRICS want the US dollar dethroned. Destroying the belief that our bonds are the gold standard in terms of reliability would do that. And it would crush our economy.
apr 14, 2025, 12:19 pm • 0 0 • view