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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56025422 No.56025422 [Reply] [Original]

So it begins, the greatest depression of our time.

>> No.56025442

Rent free.

>> No.56025484

>>56025422
Good morning, sir. Nice AI image, sir.

>> No.56025494

>>56025422
Nice, discount window

>> No.56025495

>>56025422
lmao thats not even one zelensky welfare check, you think anyone gives a shit?

>> No.56025538

>>56025495
sirs its 114 billon, zelensky gibs are around 2/5b each time he asks pedobiden.
>could be a case of mutt education
>most likely

>> No.56025547

>>56025495
It's not just the amount of money, it's the fact they're doing this at all. It basically means they're losing faith in the federal government to service their debt correctly in the future. Not good at all.

>> No.56025550
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56025550

>>56025484
https://dailyhodl.com/2023/09/02/114500000000-in-us-treasuries-dumped-by-china-and-new-brics-member-saudi-arabia/amp/

>>56025495
>ItS LeSs ThAn A ZeLeNsKi ChEcK
If that's your justification for US STRONK then I'm honestly glad you glowniggers will be out of the job soon. Good fucking riddance, you blights on humanity.

>> No.56025568

>>56025422
The US doesn't need China and Audi Arabia holding US treasury bonds when Tether exists.

Tether is literally the largest buyer of US treasury bonds.

https://www.investing.com/news/cryptocurrency-news/tether-becomes-the-biggest-buyer-of-us-treasuries-says-report-3047927

Most of Tether's reserves are US treasury bonds. Tether held $72.5 billion worth of US treasury bonds as of July 2023.

https://tether.to/en/tether-excess-reserves-increase-by-850m-to-reach-3-3b-as-leading-stablecoin-reveals-72-5b-overall-exposure-in-us-t-bills-and-unveils-energy-related-investments/

>> No.56025589

>>56025547
They need to. China has gone full lose monetary policy, without the wished effect on economic activity and needs to somehow keep its shitcoin from hyperinflating, though sell dollar denominated debt, at a haircut to not get hyperinflating shitcoin on top of a deflating economy. The Sauds, drop in the ocean, their oil grift is pretty much getting fucked with reduced demand and they are betting on pre euro style forex gambleritis, though they have lost billions in forex reserves lately trying to balance the amount of shitcoin they accepted for their dinosaur blood.

>> No.56025595
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56025595

>>56025422
Any article like this are obvious click bait, or they are idiots who don't understand international markets, China has been swapping it's treasuries with US Agency bonds that have higher yields, this has been happening for a while, it does not mean they are selling off all US govt debt lmao.

https://www.reuters.com/markets/asia/china-slips-away-treasuries-sticks-with-dollar-bonds-2023-02-22/

>> No.56025601
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56025601

>>56025595
>Links reuters
Duh
They are selling you shill

>> No.56025606

>>56025568
sounds like Tether done fucked up.
sell your Tether assets now

>> No.56025618

>>56025606
You ever wonder why hong kong legalized crypto this year? Yes the changs want your dollars to stabilize their shitcoin selling you dog bags

>> No.56025629

>>56025568
Tether is an arm of the CCP. It is based in hongkong. They will dump that too in due time. Holy shit we are going into a fucking depression.

>> No.56025663

>>56025629
The main difference between treasuries and agency bonds are the fact that now the CCP has an active stake in every fucking GSE.

>> No.56025679

>>56025495
.. because laundering billions to a war criminal has unilateral support and all

>> No.56025697
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56025697

>dumps $100B in US treasuries
>all bonds bought before 2023 were sub 0-3% junk
>treasuries normally lasting 20-30 years
>inflation ate away at all that cash
>now selling at a loss too
Yikes..... I almost feel bad for them.
But that's fucking great for America and whoever's buying those treasuries at discounted prices.

>> No.56025771

>>56025697
yep, pretty much this

>China's holdings of U.S. Treasuries last year shrank by $173.85 billion, Bertaut and Judson's figures show, the second-largest fall on record after the $189 billion slump in 2016, around the time of China's mini devaluation.

Beijing's stash of U.S. government bonds ended last year at $862.3 billion, the lowest since May, 2010, according to Refinitiv data.

But Bertaut and Judson estimate that valuation effects - recall that Treasuries had their worst year in decades last year - accounted for $114.4 billion, meaning the real decline in China's holdings was 'only' $59.5 billion.

This does not necessarily equate to outright selling. Some - probably most of it - was due to bonds maturing and not being reinvested.

Meanwhile, China's holdings of U.S. agency bonds last year rose by $50.9 billion and valuation effects accounted for $34.8 billion. This means the real increase was $85.9 billion, substantially more than the decline in Treasuries holdings.
>Treasuries had their worst year in decades last year - accounted for $114.4 billion, meaning the real decline in China's holdings was 'only' $59.5 billion.

>China lost $114B from holding US treasuries

lmao can the US mog the Chinese any harder?

>> No.56026135

>>56025422
Project Sandman.

>> No.56026181

>>56025422
The elites in control of the usd wipe their asses with 100 billion dollars.

>> No.56026307

>>56025422
>BRICS sells 10 trillion in treasuries
>Powell next day: "we will purchase unlimited treasuries to stabilize the market"
>crisis over
>stocks go to new highs

>> No.56026319

>>56026307
Based and pro wrestling world order pilled.

>> No.56026322

>>56026135
Sauds are pretty much fucked. Their forex reserves are as good as gone. And the coffers fill up with Chinese monopoly money. What else is there to do, give it until the next opec production reduction meeting and next year their main business is again selling camels

>> No.56026335
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56026335

>>56025422
>hello good morning mr. chong. I would like to redeem one of my BRICShits for the gold it is backed by please.