China Dumping US Treasuries and Buying Gold: What's Next?
61.6 هزار بار بازدید -
4 ماه پیش
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China sold a record amount
China sold a record amount of US Treasury and agency bonds in the first quarter. China is moving to diversify away from American assets as trade tensions persist and to stockpile the gold. According to US Treasury data cited by Bloomberg, Beijing sold $53.3 billion worth of US Treasury and agency bonds from its stockpile. Belgium, often seen as a custodian of China’s holdings, disposed of $22 billion of Treasuries during the period. That dropped its total holdings to $775 billion.
How this decision will affect you and me? Who will keep funding the federal government’s borrowing spree? How big a problem this is, for the US treasury and the United States? Who is going to absorb them all, along with the new debt issued by the U.S. Treasury every month?
What are the ramifications of de-dollarization? What happens if the demand for dollars drops? Should we also buy gold and silver?
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-----------------------------------------------------------------------------------------------------------------------
Videos: Pexels and https://www.vecteezy.com/
Narrated and produced by Mohit
#ustreasury #china #dedollarization
How this decision will affect you and me? Who will keep funding the federal government’s borrowing spree? How big a problem this is, for the US treasury and the United States? Who is going to absorb them all, along with the new debt issued by the U.S. Treasury every month?
What are the ramifications of de-dollarization? What happens if the demand for dollars drops? Should we also buy gold and silver?
----------------------------------------------------------------------------------------------------------------------
Enjoyed the video? Comment below! 💬 and Hit the like button! 👍
Kindly SUBSCRIBE to the Channel and Press the Bell icon: @narviacademy
Follow NaRvi Academy on social media:
Facebook: Facebook: narviacademy.in
Instagram: Instagram: narviacademy
-----------------------------------------------------------------------------------------------------------------------
Videos: Pexels and https://www.vecteezy.com/
Narrated and produced by Mohit
#ustreasury #china #dedollarization
4 ماه پیش
در تاریخ 1403/03/20 منتشر شده
است.
61,697
بـار بازدید شده