Ben ☼@feddit.org to Explain Like I'm Five@lemmy.worldEnglish · 1 day agoWhy is China selling US treasury bonds worrying?www.idnfinancials.comexternal-linkmessage-square12fedilinkarrow-up160arrow-down10file-text
arrow-up160arrow-down1external-linkWhy is China selling US treasury bonds worrying?www.idnfinancials.comBen ☼@feddit.org to Explain Like I'm Five@lemmy.worldEnglish · 1 day agomessage-square12fedilinkfile-text
Are there just consequenses for the US Market or just for the whole World? Everything runs on US Dollars doesn’t it?
minus-squarefoggy@lemmy.worldlinkfedilinkEnglisharrow-up6·1 day agoIt means they no longer believe the USD is stable. China is a big reason the USD is the global reserve currency. And if they decide it’s not anymore, it’s pretty much not anymore.
It means they no longer believe the USD is stable.
China is a big reason the USD is the global reserve currency. And if they decide it’s not anymore, it’s pretty much not anymore.