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Dominic Pelle
Fox Business
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Comments by "Dominic Pelle" (@dominicpelle7841) on "China’s 25% tariff on US fuel to go into effect late August" video.
CHINA HOLDS OVER A TRILLION IN US BONDS.. *The U.S. debt to China is $1.18 trillion as of May 2018. That's 19 percent of the $6.2 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $21 trillion national debt is owned by either the American people or by the U.S. government itself* TRUMPS TRADE WAR COULD BE THE END OF AMERICA.
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James Frost **China's $1.2 trillion weapon that could be used in a trade war with the US** China holds $1.17 trillion of U.S. government debt. Economists and investors worry if there is a trade war, China could reduce its U.S. debt holdings as a political weapon against the Trump administration tariffs proposal. If that happens, the dollar could fall and other countries could follow suit and sell their holdings. If China reduces its buying at a time when the U.S. is increasing its supply of new Treasuries into the market, that could lead to a rout in the bond market. *It's not just China* MORON
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Torchman X.. and who would have thought that Lehman Bros.. could bring the world to its knees. GFC style thanks to an unregulated finance sector. AND THE DOMINO EFFECT..
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