https://www.thestreet.com/mishtalk/economics/who-wins-if-china-dumps-us-treasuries
So...
To dispell rumors and conspiracy theories and another point of people trying to scare others...I posted this link and story.
There's no way that China Dumping for sale US treasury notes (US Government Debt) on the market does not help the US as a whole. It means that our processed foods that feed 60% of the world's population just got more affordable as well as all of the other exports our nation has. (technology and entertainment and equipment)
Which in turn raises jobs as exports go up...and America has more of the world dollars for highly renewable resources.
This is the game of economics...I know most people didn't do that well with the course in high school or college. But take it from this expert in the article...his logic is sound.
So...
To dispell rumors and conspiracy theories and another point of people trying to scare others...I posted this link and story.
There's no way that China Dumping for sale US treasury notes (US Government Debt) on the market does not help the US as a whole. It means that our processed foods that feed 60% of the world's population just got more affordable as well as all of the other exports our nation has. (technology and entertainment and equipment)
Which in turn raises jobs as exports go up...and America has more of the world dollars for highly renewable resources.
This is the game of economics...I know most people didn't do that well with the course in high school or college. But take it from this expert in the article...his logic is sound.