[delta7]

The US stole a sovereign nations wealth fund...it sank the US. Many foreign ministers have stated this, no wonder the world is dumping our Treasuries ( debt instruments) ....thanks Joe.

[Zhang Fei]

[The US stole a sovereign nations wealth fund...it sank the US. Many foreign ministers have stated this, no wonder the world is dumping our Treasuries ( debt instruments) ....thanks Joe.]

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When the mullahs took over Iran, the US froze Iran’s funds. The Russia freeze is old hat. It will get its money back when normal ties are restored.

[Zhang Fei]

[The US stole a sovereign nations wealth fund...it sank the US. Many foreign ministers have stated this, no wonder the world is dumping our Treasuries ( debt instruments) ....thanks Joe.]

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As rates rise, bonds fall in price. So many sold, waiting for prices to improve. Now that the Fed is cutting rates, buyers are coming back in, offset by China selling hand over fist in preparation for Taiwan, and maybe more.

Note that no one expected either Pearl Harbor, or a Japanese lunge for Australia. Japan had a very thin record of expansion, established less than 50 years prior, with the addition of Korea and Formosa (aka Taiwan). Whereas China has a long record of empire-building, interrupted only by 2 centuries of weakness, from its start millennia earlier as a village on the Yellow River. But just prior to its 19th century weakness, the ruling house had doubled the size of the Ming empire it defeated.