Comments by "Jackie Wu" (@jwu1950) on "Japan Joined China to Ditch US Treasury; 42% Sell-off: Collapse of US Economy?" video.

Selling US treasury means you need cash urgently and you need to cash out your savings quickly. It's a sign you are broke. May the love and the peace of Jesus be with us.
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@ Exactly. China should should sell all US treasury which they bought at a high price when interest rate was low. They can sell them at a low price when interest rate is now high. Buy high sell low is a classic shoeshine boy mentality. Shoeshine boy it is, the Chinese still need to eat, right ? Bit by bit will not be enough to put food on the table in 2025 when 60% DT hits. May the love and the peace of Jesus be with us.
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@ That is true. It may be. Except no one else has better credit than the US Treasury, you know ? You can buy gold. but you can't eat gold. Besides, USA has 90% of all the world's gold, you know ? May the love and the peace of Jesus be with us.
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