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Valued Social Butterfly
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Re: Russia dumped 84% of its American debt

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Mickstuder,

Thank you for keeping me up to date with everything that's going on with your factual posts...Nancy 

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Treasured Social Butterfly
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Russia dumped 84% of its American debt

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Trump met with Putin and talked about how Great they got along and how they developed their Personal Relationship and that was going to be good for America

 

Russia dumped 84% of its American debt

 

Right After the Trump-Putin Gaggle

 

Not a Big Deal I guess but What IF:

 

The Russia situation underscores long-running concerns that a major US creditor could threaten to hurt America by dumping debt. Those worries have been heightened by America's soaring federal budget deficit and the ongoing trade war with China.

 

But analysts question the logic behind this worry. China would struggle to unload that much debt at once -- and its own portfolio would dramatically lose value during such a fire sale.

 

"The idea of weaponizing foreign-exchange holdings for an economic attack on the United States is just as likely to hurt the weaponeer," said Janney's LeBas.

 

The bigger risk is that China or another country weans itself off US debt by slowing its purchases and waiting for existing Treasuries to mature.

 

"Gradualism could have a long-term impact on the United States. But that would be a patient policy that would not reveal itself easily," said David Kotok, chairman of Cumberland Advisors.

 

Remember Trump is President - he creates Chaos himself with ridiculous policy pronuncements where none ever existed before - imagine if a major Financial Catastrophy was directed at the USA from another Country

 

Trump has been Impotent to even Recognize the Fact That Russia and Putin Attacked our 2016 Election and is currently attacking Democratic Senators right now and the US President ignores it all

 

Source - https://money.cnn.com/2018/07/30/investing/russia-us-debt-treasury/index.html

 

 

 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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