Posted on 04/22/2023 9:06:28 PM PDT by delta7
According to the latest report on international capital flows released by the U.S. Treasury Department on April 17 EST, at least 22 countries worldwide sold off U.S. Treasuries in February. Among them are China, Japan, the United Kingdom, Belgium, Switzerland, Ireland, Canada, India, France, Germany, the Netherlands, the United Arab Emirates, Australia, Israel, Iraq, Italy, Poland, Kuwait, Sweden, Colombia, the Bahamas, and Vietnam.
In February, Japan, one of the largest holders of U.S. debt, sold $22.6 billion of U.S. Treasuries, reducing its position to $1.0818 trillion. Moreover, six of the G7 countries, namely Japan, the U.K., Canada, France, Germany, and Italy, also collectively sold U.S. Treasuries in February. In addition to Japan, the U.K., Canada, France, Germany, Italy, Australia, and Israel also sold $3.7 billion and $4.1 billion of U.S. Treasuries, respectively.
Recently, Israel has been increasing its foreign exchange reserves in non-dollar currencies, such as the yuan, which some analysts believe may be an attempt to sell off the dollar. Israel's selling behavior may encourage other U.S. allies to also sell U.S. Treasuries, especially given the U.S. debt ceiling stalemate. Japan, Israel, and other traditional U.S. allies are continuing to contribute to the collapse of U.S. Treasuries.
The short info video is a must watch. World de-dollarisation is just getting started. Prepare accordingly. Thanks Joe.
So, who is buying?
This wasn’t just Biden’s (handlers) doing. This has been the plan for some time. Biden is just the clown they decided to use as the scapegoat. Biden and his family are so dumb, they don’t even realize they are being used by the globalists/wef/progressive Marxists/climate cultists/etc. They have been paid millions for this though. Since they have no sense of honor, integrity, or even a conscience that would bother them, they really are the perfect puppets. Normally you find such people on death row.
When the music stops, there will be no chairs for the Biden Crime Family to rest easy. In short, they are Fubar’d. They just don’t know it yet. Biden has always been the perfect patsy puppet for different agendas.
Obama did say one truth. “Never underestimate Joe Biden’s ability to screw things up”.
Japan sold 2% of its holdings? Spit in the ocean. The others collectively sold off an amount that would be pocket change to a Musk or Bezos? We blow off more money on doomed foreign EV manufacturers. If we gave twice the amount to Zelenky he would be crying that it isn’t enough.
I am not saying that there isn’t a crisis coming, just that those numbers don’t support it.
Drives me nuts when Democrats
push this BS.
Majority of our debt is owned by Americans.
You kids owe me lots of money.
You vote for Democrats that steal my money.
Y’all figure we will die and you won’t have to pay.
keep in mind you will get old also.
since you aren’t having any kids to pay for
your sorry asses, what is your old age going
to be like?
.
There are large questions,
If you notice, they don’t care how damaging EVs are and what happens to the cost of Electricity when they are mandated,
Did Joe Biden blame Covid on Trump?
He said Trump caused every single death, and every single death was preventable. I have the quote and he said it repeatedly.
They need pain to move to Socialism.
Read Barack Obama’s early book.
.
Other Countries are or will soon see the US as unhealthy, and unsustainable.
Implications are going to come with that.
.
The obvious question!
And no answer is provided.
Japan sold 2% in one month alone. We’ll need to see the trend and whether it is accelerating.
US debt going from 40% of GDP to 130% of GDP in 30 years is very serious.
Ukraine war cheer leaders don’t care if US goes bankrupt.
p
The Ukraine warmongers are no where to be found when our currency is being debased. All that matters to them is that Russia is punished regardless of the cost, because… ?
"keep in mind you will get old also"
This is true; however, I wonder who they will go crying to for help the SHTF in America?
I find it unlikely that 100+ nations can cooperate on such a feat. The first to sell would get the highest return, so once the fix was widely known, everyone would rush to sell ASAP.
bkmk
#2) Invest in food and bibles for your neighbors.
Yep, a drop in the 7.3 trillion dollar bucket.
“De-dollarization” counterpoint: https://www.youtube.com/live/Yxi_PfLROTo?feature=share&t=38
.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.