According to an expert quoted in the ‘Global Times’ China's seeking to shed US debt.
China currently holds more than $1tn of American debt, but the country has already been offloading its share by dumping over $100bn in 2020.
China dumps US debt,
Fears dollar plunge!!!
10 Jun 2020
After much speculation and worry, the US Federal Reserve has opted not to lower interest rates below zero.
Warning : China Started
Dumping US Debt
End Game for The US Dollar
The Atlantis Report
Jun 11, 2020
Bye bye, US Dollar
China to
Dump Share of US debt
Amid Ongoing Tensions
6 September 2020
How economists rode maths to become our era’s astrologers!
♈♉♊♋♌♍♎♏♐♑♒♓⛎
According to a 2015 study, median salary of econ teachers in 2012 increased to $103,000 – nearly $30,000 more than sociologists. Top 10% of economists jumps to $160,000. aeon.co/essays/how-eco…
Formal education...🤔
Is it really all it's cracked up to be?...🤔
Used-Vehicle Market Digs Out from Supply-and-Demand-Shock Chaos that Caused Enormous Distortions in Prices.
Used-Vehicle Wholesale Prices, After Spiking for Months, Turned South in Late August, Wholesale Volume Plunged Again wolfstreet.com/2020/09/08/use…
Used-Vehicle Wholesale Prices, After Spiking for Months, Turned South in Late August, Wholesale Volume Plunged Again wolfstreet.com/2020/09/08/use…
People SWITCHING CONSUMPTION from new goods to second hand goods.
What will that do to EMPLOYMENT?
Used-Vehicle Wholesale Prices, After Spiking for Months, Turned South in Late August, Wholesale Volume Plunged Again wolfstreet.com/2020/09/08/use…
When the you know what hits the you know... people go home to Mom and Dad, currently empty rooms are let, vacancy rates shoot up, and rental rates collapse.
What happens to property investors in Sydney and Melbourne if a recession hits hard, vacancy rates increase and the rents they get collapse? What happens to the banks?” independent.ie/business/comme…
Jeff Bezos
+$81Trillion
Elon Musk
+$60Trillion
Mark Zuckerberg
+$41Trillion
Daniel Gilbert
+$38Trillion
Bill Gates
+$15Trillion
Charles Koch
+$6Trillion
Democrats congratulate Saudis over OPEC+ decision which will boost Russia's oil revenue.
Organization of Petroleum Exporting Countries and its lead producer, Saudi Arabia, announced that the OPEC+ bloc will cut oil production by 2 million barrels a day. thehill.com/policy/energy-…
Whereas those dumped in the thirteen colonies were hardened criminals and undesirables, by the time the Brits no longer had the US as their DUMPING GROUND the only real crime most convicts had committed was being Irish Catholics.