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> most well informed economists kept pushing that China would sell US Treasury Bonds pennies on the dollar Who's saying that?
by lottin 5y ago
> most well informed economists kept pushing that China would sell US Treasury Bonds pennies on the dollar
Who's saying that?
- NoOneNew 5y agoSo you never actually read the articles, "China's economic/negotiation weapon against Trump". CNN, MSNBC and many other news agencies were pushing that narrative.
- throw0101a 5y agoThis story has been going on for years, and it's always been a Nothing Burger: > Matthew Yglesias notes[1] an uptick in Very Serious People warning that China might lose confidence in America and start dumping our bonds. He focuses on China’s motives, which is useful. But the crucial point, which he touches on only briefly at the end, is that whatever China’s motives, the Chinese wouldn’t hurt us if they dumped our bonds — in fact, it would probably be good for America. * https://krugman.blogs.nytimes.com/2013/10/18/the-china-debt-syndrome/ https://krugman.blogs.nytimes.com/2013/10/18/the-china-debt-... * https://archive.is/4Q95O https://archive.is/4Q95O
- lottin 5y agoNo, I don't watch CNN or MSNBC, because I'm European, but the OP was talking about "most well-informed economists", not media outlets, and I was curious who these economists are, being an economist myself.