The geniuses in the White House are doing such a remarkable job delivering stability and growth to the US economy. Idiots rule. #EconSky - ThreadSky

civics-teacher.bsky.social • 2 days ago

The geniuses in the White House are doing such a remarkable job delivering stability and growth to the US economy.
Idiots rule.
#EconSky

Reposted from Olga Nesterova

China has offloaded $50 Billion in US Treasury bonds & limited further purchase of Dollars.

Meanwhile, an anonymous buyer is purchasing European Bonds.

Comments

33pv.bsky.social•2 days ago

Another fantastic weekend costing the taxpayers millions as we wait to see another fuckery week of bad decisions

redbearcat.bsky.social•2 days ago

phyllishistorian.bsky.social•2 days ago

This follows Japan dumping them.

isabellasmom.bsky.social•2 days ago

Americans don't understand why this is really bad & our news media is too corporate to explain it on their level.

brooklynkid53bskys.bsky.social•2 days ago

Given that there is on the order of 38 trillion dollars of US bonds, is 50 billion a lot or a little ?

asking for people with math skills advanced enough to get 2+2 =4 correctly

civics-teacher.bsky.social•2 days ago

The full faith & credit of the US have made treasury bonds one of the safest investments...until the Mumps regime.

As the 2nd largest holder, China dropped 50 BN, about 7% of their total. Yes, it's not like the bottom dropped out...but it is a shot across the bow, and the Mumps regime has no plan.

brooklynkid53bskys.bsky.social•2 days ago

China can't sell 1 trillion in bonds because there are no buyers, unless the price really drops which would mean that on paper China takes a loss of well north of 100 billion US
??

civics-teacher.bsky.social•2 days ago

Mumps' dictatorial reign on econ policy has advisors scratching their heads. Bessent is twisting himself into a pretzel. Decisions based on grievances and whims cause instability, which signals investors to look elsewhere to store their cash. Stop poking at (x-m) and start worrying about C! #EconSky

civics-teacher.bsky.social•1 day ago

The mad genius himself caused this:

tobytaylor9103.bsky.social•2 days ago

Oh.
"Let us beat up China."
"Fuddle, bonds are going nuts. I guess if I understood economics better that would have been an obvious risk."
"What do you mean China outplayed us, I set tariffs on things produced in China really high."
"I will reduce tariffs on tech & phones made in China."
Who wins?

pamballard3.bsky.social•1 day ago

Aren't we just sooo great. Is DUMP or Muskkk buying the bonds.???

philly0.bsky.social•2 days ago

And now we wait for Japan and South Korea to do it and the final sword will drop on the USD.

richardroysterlpc.bsky.social•2 days ago

What could have a second American Century is now, most certainly, not going to be. We’ve abdicated everything.

foresthillsnyc.bsky.social•2 days ago

China owns Trump and the White House magas ran out of Chinese diapers to clean his ass after his realization that they can bankrupt the US.

jsbpdx.bsky.social•2 days ago

China isn’t the only seller. Canada organized Japan and EU to sell at the same time.

skiddy99.bsky.social•2 days ago

Yes it has been suggested PM Carney, with international banking connections, organized a group of bond holders to offload US bonds. Maybe that’s why Trump calls him PM of Canada and not Governor.

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