

Oil being priced in dollars is a primary driver of why other countries need to buy dollars. I’m worried we’re about to find out what happens when OPEC decides to start allowing oil to be traded in euros or yuan.
Oil being priced in dollars is a primary driver of why other countries need to buy dollars. I’m worried we’re about to find out what happens when OPEC decides to start allowing oil to be traded in euros or yuan.
Isn’t a much simpler answer that China started dumping bonds, and they’ll dump a lot more if the tarriff situation isn’t resolved soon?
As a real estate investor who’s mortgaged to the max, Trump wants high inflation to increase the nominal value of his properties, and low interest rates. China has extensive US bond holdings and at least some ability to drive up 10 year rates by selling those bonds. Trump doesn’t want higher rates, even if you only consider his direct, personal situation.
Trying to make it seem that they’re not actively breaking all the laws around record keeping for government business.
There’s no excuse for this.
I think it’s fair to say that not enough was done about the coup attempt, but there were hundreds of cases successfully prosecuted. That’s not ‘nothing’.