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RE: US - China Trade War ( What Happens If China Sells US Treasury Portfolio)

in Project HOPE5 years ago

China now owned trillions of dollars of the United States debt.

If the US dollar is still being used as a standard for exchange, US will just get into more debt to pay China and starting a war won't scare the US.

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I am sure this is one of US's fear. If the USD losses its hold as the exchange currency then the US economy will suffer.