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LudwigPastorius

(12,197 posts)

17. Absolutely possible.

Reply to Irish_Dem (Reply #16)

Tue Apr 8, 2025, 03:38 PM

Apr 8

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Treasury Secretary Bessent says China's escalation was 'big mistake,' country playing with 'losing hand' [View all] BumRushDaShow Apr 8 OP

bASSent was supposed to be the smart guy in the room. He does not understand the resolve of the Chinese. NoMoreRepugs Apr 8 #1

I don't think Bessent understands the concept of saving face. patphil Apr 8 #2

Clearly, it's all a game to the republicans truthisfreedom Apr 8 #3

THEY are playing with a "losing hand". mwb970 Apr 8 #4

Yeah, but at least these guys got cards. 3Hotdogs Apr 8 #9

China is going to spank the US hard and send US to bed without any supper. nt ImNotGod Apr 8 #5

The ignorance and arrogance is going to hurt us big time. The world economy was fine. FAFO?? Amateur billionaires Evolve Dammit Apr 8 #6

China holds $800 Billion is US debt in the form of Treasury notes. Irish_Dem Apr 8 #7

April 2024, foreign countries own approximately $7.9 trillion in Treasurys -- or 22.9% of total US debt BadgerKid Apr 8 #8

Yes but when the shit hits the fan economy wise, even the smaller pieces begin to matter. Irish_Dem Apr 8 #11

What matters is the amount traded each week IbogaProject Apr 8 #15

They are on the "lower" end of the foreign holdings BumRushDaShow Apr 8 #13

Xi may just up and decide, "You know what? Fuck it." and use this opportunity to invade Taiwan. LudwigPastorius Apr 8 #10

What do you think Trump would do in this scenario? Irish_Dem Apr 8 #12

I honestly don't know. LudwigPastorius Apr 8 #14

Trump could order troops to Taiwan, then if China gives him something, he will turn Taiwan over to China. Irish_Dem Apr 8 #16

Absolutely possible. LudwigPastorius Apr 8 #17

The Secretary of the Treasury was impressed by the number of trades (sell offs) that took place last week. sinkingfeeling Apr 8 #18

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