This bit in particular sums up why US is in a panic right now
“Finding buyers for US debt is the top mission of Yellen. From a medium-and-long-term perspective, China is disposing of US debt,” it says. “Who else will buy it? Japan is the biggest creditor of the US but cannot buy more. The United Kingdom is facing an economic recession and sold $30 billion of US debt in April.”
You’ve got to love seein them scrambling in panic asking for money to finance their endless debt machine.
How is the secondary market important? If China sells us dept they sell that to other countries/companies/private people. Only when the US gives out new bonds you would need buyers.
Do you not think there’s problem with a lack of potential buyers when the US needs to sell more debt—not if, but when?
“Three bows is not enough” based. Absolutely based. Funny times that I’m living in that I literally have more respect for China and its people than I do Amerika’s. At least somebody on this rock’s got spine enough to spit in the Empire’s eye.
Five demands? Not one less?
Poetic
