Meanwhile, China is dumping Treasuries. It sold off about $13 billion in US Treasuries in Q3 and has shrunk its holdings by $40 billion over the last year...
Poster Comment:
Means dollar goes down in value and prices of imports go up.
At that rate it will take 60 years for China to dump all their US treasuries.
And unless Trump abolishes the FED and leaves China, Brazil and other nations holding the bag, we will not be mixing our flour with sawdust like the Russians did during the siege of Stalingrad in WW II. ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke