China Prepares to Dump Debt-Laden U.S. – Will Slow or Stop Buying Treasuries
It doesn’t really come as a surprise to see a declining America with few friends in the world these days. For so long, it used its power to impose its will on the world. But these days, things have gotten so bad – the sociopaths who run the shadow government of the U.S. in a totalitarian mood of late – the imperial machinery has also been turned against its citizens.
Billionaires think projecting power onto the world stage as well as using it to oppress citizens and micromanage their lives is a good strategy. But, reality proves otherwise in a civilization built upon the foundations of freedom and personal liberty:
Senior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. The news comes as global debt markets were already selling off amid signs that central banks are starting to step back after years of bond-buying stimulus. Yields on 10-year Treasuries rose for a fifth day, touching the highest since March.
China is the single largest holder of U.S. debt, holding one-fifth of all foreign-held U.S. Treasury securities. Meaning, as everyone knows, the U.S. is heavily indebted to China. This move, China signaling it will soon refuse to bankroll the decadent U.S. will be the financial equivalent of the Titanic hitting an iceberg. China dumping American treasuries will only inspire other nations to do the same:
The market for U.S. government bonds is becoming less attractive relative to other assets, and trade tensions with the U.S. may provide a reason to slow or stop buying American debt.
Surely, the U.S. constantly trying to reinvent the wheel on gender and family structure while simultaneously debasing and marginalizing millions of hardworking, productive men with toxic feminism, a Leviathan government stripping away what few civil liberties and freedoms that remain, the jingoistic American MSM spreading hate whitey vitriol round the clock, and legislators creating a massive welfare state replete with increasingly polarized makers and takers in which the makers have to work like slaves and the takers get equivalent lifestyles without lifting a finger has nothing to do with this bombshell news. *sarcasm*
Memo to social engineers: You can’t turn the men who create your economic might into third-class citizens and expect to stay dominant in the world.
The truth is, many of us in this sector of the Internet saw the end of this corrupt empire coming at least a decade ago. Decay is a slow process, but the U.S. has cultural cancer. The oncologist’s prognostication isn’t good for the future. As historian Ariel Durant put it: A great civilization is not conquered from without until it has destroyed itself from within.
Liberalism and feminism destroyed the U.S. from within. It’s all over but the crying. And the dumping of U.S. debt.
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