Tariffs, tariffs, tariffs…
China is the second larges holder of US government debt…
… and JD Vance hasn't even said "Thank you!"
China is the second larges holder of US government debt…
… and JD Vance hasn't even said "Thank you!"
Comments
That trigger is bigger than most people think. Pension funds and the safest places use US Govs and dumping those to tank the price of those could have the same impact as a terrorist attack, except it’s fair and legal. There is a systemic risk here few people have thought about.