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Hmm. The problem is that China holds only 2.6% of US Debt as of February 2025. Can they leverage that small a percentage to make a market move like that? Espec
by bilbo0s 2y ago
Hmm.
The problem is that China holds only 2.6% of US Debt as of February 2025. Can they leverage that small a percentage to make a market move like that? Especially assuming they didn't dedicate all of their holdings to that action?
- ajross 2y agoIt depends entirely on what the trading volume is, and I don't know. But again IMHO it's critically important that someone find out.
- intended 2y agoYou know what the answer is. It’s the global system dumping US debt. Its not like someone knew THIS would be the specific smoke signal that Trump would see and say “oh, lets pump the brakes”
- scotty79 2y agoReversing idiotic decisions after not being able to explain away the backlash they caused is kind of his thing and many people recognized it and expected it before the tariff pause.
- deleted 2y ago[deleted]