Comments by "Great Asia" (@greatasia606) on "Budget 2023: Public, private, people sectors to play role in building a resilient nation" video.
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Japan's holding of US bonds:
Jan 2022: US$1300 billion
Nov 2022: US$1080 billion (dropped 17%)
China's holding of US bonds:
Jan 2022: US$1060 billion
Nov 2022: US$870 billion (dropped 18%)
Singapore's holding of US bonds:
Jan 2022: US$193 billion
Nov 2022: US$187 billion (dropped 3%)
Saudi Arabia holding of US bonds:
Jan 2022: US$119 billion
Nov 2022: US$121 billion
Singapore's which is 21% of the amount China is currently holding.
Singapore's tinny GDP is less than 2.5% of China.
US government debt: US$31,554,000,000,000 (US$31.5 trillion)
US federal budget deficit: US$ 1,572,000,000,000 (US$1.57 trillion)
What is the current interest rate?
Above 4%?
When is the inflation going to come down?
The US gov can't wait too long, it will have to start to print money again soon.
Singapore's reserves must be used to feed daddy America.
China is disposing US bonds, got scared bo?
From US$870 bn to US$700 bn?
Can tahan bo?
Ha ha ha!
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