Quote:
Originally Posted by Chicks
China Is Studying Yuan Devaluation as a Tool in Trade Spat
https://finance.yahoo.com/news/china...070041453.html
The moron in chief is an expert at running businesses into bankruptcy. Now he and his pack of amateurs are going to bankrupt this country. Idiots like Whell cheer him on. He MUST be stopped. Midterm elections are our best hope, if Mueller doesn’t get him first.
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The Chinese hold ~$1.2 trillion in US debt. They could flood the capital markets with $100-200 billion in US Treasuries and thereby increase interest rates on US debt obligations, costing us untold billions in increased costs for debt service.