The USD Takes Another Hit.

[Vastator]

China Dumps $74,000,000,000 in US Treasuries in One Year As Two BRICS Nations Say They've Abandoned Dollar in Mutual Trade - The Daily Hodl

China has sold more than $74 billion in US Treasuries in the last year, according to new numbers from the Treasury Department.

dailyhodl.com

In the continuing shunning of the US Dollar, countries are divesting themselves, at an alarming pace from the once mighty Dollar.

Meanwhile BRICS continues strengthening...

 

[Toddsterpatriot]

China Dumps $74,000,000,000 in US Treasuries in One Year As Two BRICS Nations Say They've Abandoned Dollar in Mutual Trade - The Daily Hodl

China has sold more than $74 billion in US Treasuries in the last year, according to new numbers from the Treasury Department.

dailyhodl.com

In the continuing shunning of the US Dollar, countries are divesting themselves, at an alarming pace from the once mighty Dollar.

Meanwhile BRICS continues strengthening...

$74 billion? Chump change.

 

[Vastator]

$74 billion? Chump change.

Compared to what? Debt? Let's start there...

 

[jwoodie]

$74 billion? Chump change.

Is it enough for Ukraine to defeat Russia?

 

[Oddball]

Just wait until the Xiden junta steals Russia's frozen assets outright, under the Ukraine grift regime.

You won't be able to give treasuries away.

 

[Toddsterpatriot]

Compared to what? Debt? Let's start there...

Compared to total foreign holdings. Compared to total debt.
Biden added triple that to the debt in the first 3 months of the year.

NEW YORK, April 17 (Reuters) - Foreign holdings of U.S. Treasuries surged to a record in February, its fifth straight monthly rise, Treasury Department data released on Wednesday showed.

Holdings totaled $7.965 trillion, up from a revised $7.945 trillion in January. Treasuries owned by foreigners rose 8.7% from a year earlier.

Holdings of Treasuries grew the most in Belgium, by $27 billion, to hit $320 billion. Japan, the largest non-U.S. holder of Treasuries, increased its U.S. government debt to $1.167 trillion, the largest since August 2022 when the country's holdings were at $1.196 trillion.

https://www.reuters.com/markets/us/foreign-holdings-us-treasuries-hit-record-high-japan-holdings-rise-data-shows-2024-04-17/#:~:text=Holdings%20totaled%20%247.965%20trillion%2C%20up,billion%2C%20to%20hit%20%24320%20billion.

 

[Winco]

Just wait until the Xiden junta steals Russia's frozen assets outright, under the Ukraine grift regime.

You won't be able to give treasuries away.

I can hardly wait until BIDEN is not POTUS.

 

[Harpy Eagle]

China Dumps $74,000,000,000 in US Treasuries in One Year As Two BRICS Nations Say They've Abandoned Dollar in Mutual Trade - The Daily Hodl

China has sold more than $74 billion in US Treasuries in the last year, according to new numbers from the Treasury Department.

dailyhodl.com

In the continuing shunning of the US Dollar, countries are divesting themselves, at an alarming pace from the once mighty Dollar.

Meanwhile BRICS continues strengthening...

Yep, the dollar is really dropping like a rock...