#USpol
Reading the news.
Canada owns $350 billion in U.S. treasury bonds; Japan, one trillion; the EU, $1.5.
Canada threatened to sell, and the EU. These loans, and others, ($8.5T) bankroll the US. No wonder the President backed down.
In December 2024, China held $759 billion in US Treasury stock. So, between the authoritarian and the wannabe, who has more to loose, and who has more power over their economy?
A proper economist might make it more complicated, but you know where my bet goes.
Dave Black
npub1d4…xs7kt
2025-04-11 01:36:27 UTC
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2025-04-11 01:36:27 UTCEvent JSON
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