31 Even Sovereign assets in central banks aren’t safe any more. Why would China buy any more US treasuries? (www.zerohedge.com) posted 245 days ago by NatalieBiden 245 days ago by NatalieBiden +32 / -1 REPO Act Passage Has Authorized Biden To Confiscate Russian Assets & Transfer To Ukraine ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero 26 comments share 26 comments share save hide report block hide replies
Or they can ditch the US treasuries and get commodities and assets that benefit their people. And then they cannot be blackmailed.
Wow then they can wage war of aggression and conquer their neighbors, what a great plan.
nobody is saying it’s great if they conquer their neighbors
The arrangement is "If China invades Taiwan, the US will confiscate their deposits".
You have labelled this arrangement as "blackmail".
You advocate for China to change their finances specifically to avoid this.
It sure seems like you're in favor of China invading Taiwan.
We benefit massively from countries working away for our IOUs that are printed by Washington.
Biden is throwing away this value.