Replying to Avatar ₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ

BRICS DUMPING 🚨

$17,400,000,000 in US Treasuries Dumped by BRICS Nations China, Brazil and Saudi Arabia in One Month

New numbers from the U.S. Treasury Department show China’s ownership of Treasury securities dropped from $835.4 billion at the start of July to $821.8 billion at the end of the month.

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Jose Sammut 2y ago

They must be realizing mad losses selling treasuries, idk why they would do that now..

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₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ 2y ago

Me either

But they know something we don't

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Jose Sammut 2y ago

If the amounts quoted are valuations, it was just yields rising and they didn't actually sell anything.

It the amounts quoted are nominal, maybe it was just balancing of payments cause their economies are weakening.

I would not read too much into it.