Look at the US now. Can they even fight a real military war with China? Totally impossible. Even Pentagon agreed that the US is no match for China. That's why China can be so strong in South China Sea and Straits of Taiwan. Who dares to challenge China military. All acting like a mouse. The world new order has changed after the end of WW2.
Donald Trump just given China a big push towards supremacy. He may have underestimated China's ability... And if the news is anything to go by, underestimated the Japanese this morning... dumping US Treasury...and China haven even make any move...looks like he already lost...the moment he bluffed and blinked...
Sometimes, really need to get alternative views from alternative media to have better insight into why Donald Trump did all the crazy things. If this is anything to go by, America needed a lot of money to just survive Jun. He may have lost to China and Japan this morning, but someone harvested 2-3 trillions from the market just by making this flip flop in 'market manipulation'...
Those who do not read Chinese, this is a good time to use Chatgpt...
Hanni Fire Puller
@Hnbhge… · 13m
This year is the peak year for U.S. Treasury debt maturities, with nearly $920 billion of U.S. debt coming due. In June alone, $600 billion is maturing (compared to just over $100 billion annually in previous years). These $920 billion worth of bonds will need new buyers, with interest rates recalculated. The massive hole dug during the pandemic by Biden now has to be filled by Trump...
However, U.S. bond buyers are now scarce. If high interest rates are used to attract buyers, the U.S. government will have to bear a heavy fiscal burden. So the main purpose of this new tariff war might be to shake the bond market—getting countries to buy long-term, low-interest U.S. bonds in exchange for tariff exemptions...
Today, the reason Trump suddenly called for a stop to the tariff war is likely because U.S. bond yields spiked unexpectedly. This could directly cause the interest rates on June's maturing bonds to spiral out of control, leading to massive fiscal bleeding for the U.S. government... Uncle Trump is in trouble!
At this point, China choosing to go head-to-head with the U.S. may actually have little to do with tariffs. If the trade war escalates through June and China refuses to give the U.S. an out, and doesn’t buy U.S. bonds, then the U.S. will have no leverage. Between making massive concessions to China and letting the bond market collapse, the U.S. will have no choice. That moment would be the best opportunity for China-U.S. negotiations!
Apparently someone harvested 2-3 trillions from the market... Don't know who...
