Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

honest.abe

honest.abe's Journal
honest.abe's Journal
September 4, 2020

Even DrudgeReport is featuring Trump's "losers" and "suckers" comments about those killed in war.

Plus a series of articles that support Trump's negative view of dead, wounded and MIA military personnel.


I know Drudge has not been Trump's friend for quite sometime but this appears to be a full attack on him.

I do get the feeling Trump crossed the line with these comments. I think he is finished.

September 4, 2020

China may dump U.S. Treasuries as Sino-U.S. tensions flare - Global Times

Source: Yahoo Finance

SHANGHAI, Sept 4 (Reuters) - China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying.

With Sino-U.S. relations deteriorating over various issues including coronavirus, trade and technology, global financial markets are increasingly worried if China would sell the U.S. government debt it holds as a weapon to counter rising U.S. pressure.

"China will gradually decrease its holdings of U.S. debt to about $800 billion under normal circumstances," Xi Junyang, a professor at the Shanghai University of Finance and Economics, was quoted as saying on Thursday, without giving a detailed timeframe.

Read more: https://finance.yahoo.com/news/china-may-dump-u-treasuries-084840501.html



China has us by the short hairs. Trump, the supposed business/economic genius, has done nothing in 4 years to solve this problem... in fact he has made it worse.

Profile Information

Member since: Sun Dec 3, 2017, 10:40 AM
Number of posts: 8,678
Latest Discussions»honest.abe's Journal