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submitted 1 year ago* (last edited 1 year ago) by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[-] freagle@lemmygrad.ml 1 points 1 year ago

I wonder...

How much total value (liquid, real estate, financial instruments, commodities) that are part of the US economy are owned by Chinese nationals? What would happen if they started just selling it all and selling the currency to American holders of foreign currencies?

What if they did this as the BRICS currency comes online?

What if they sold all their US commerical real estate holdings?

I get the feeling the USA is about to experience a very rapid decline in the run up to 2030.

We're already seeing coastal housing markets about to collapse as insurers write them off entirely.

Can you imagine if peak oil gets validated at the same time?

This is real bad for the USA. Let's hope the solution isn't Kissingerian.

[-] AlbigensianGhoul@lemmygrad.ml 1 points 1 year ago* (last edited 1 year ago)

What if they did this as the BRICS currency comes online?

I wasn't aware of BRICS currency plan and that sounds huge. Anybody have anything I could read in more depth on that?

[-] QueerCommie@lemmygrad.ml 1 points 1 year ago

I don’t have any specific articles but you could look at geopolitical economy report.

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this post was submitted on 24 Jul 2023
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