Oil Powerhouses Join Forces to Dump U.S. Treasury Bonds! Is the Dollar in Danger?
On August 15th, a significant shift in the global economic landscape was illuminated by the latest report from the U.S. Department of the Treasury. The report unveiled a notable trend as fewer than 14 nations worldwide participated in the divestment of U.S. Treasury Bonds during the month of June. This included noteworthy players like China, Belgium, Luxembourg, India, Brazil, and more, displaying varying degrees of U.S. Bond divestment. What makes this trend even more intriguing is its extension to oil-producing countries, revealing a broader transformation in the financial landscape.
Here’s what others had to say:
Remember, former Fed chief and current Treasury Secretary Janet Yellen wants a $51 trillion debt ceiling so the U.S. wouldn’t have to worry about their finance at least until 2030. What a brilliant idea from a highly respected scholar/economist of the greatest nation on Earth. Bravo to Yellen!
Fresh breeze in the market and I find this to be excellent news to everyone in financial world.
It is really sad. The US should stop using the dollar as weapon. No country would keep their money in the US.
I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stock market but now making around 5k to 7k every week trading different stocks and cryptos.
Good video – very relevant and original commentary. However, there appear to be some mis-statement(s). Saudi Arabia divested a heck of alot more T-bonds (call it 60 Billion) than you stated verbally several back (according to your graph), and there was apparently no selling from May to June (again according to your graph).
As a new investor, it’s important to remember that investing and trading require more than just technical analysis skills. Discipline and emotional maturity play a significant role in achieving success. It’s wise to keep in mind the adage of “time in the market vs. timing the market,” as this mentality can help you weather market volatility. With insights of Francine Duguay and my commitment to learning and growth, I’ve been increasing my earnings in just a few months. Keep up the good work!
The World has stood in Awe of the Greatest President this country has ever known. President J Biden and the even More impressive Vice President Harris! The Bidenonics is SO brilliant that NO one can figure out what they are doing!
This will not change. If I was a foreign holder of US treasuries, I would be selling them too. We just keep raising the debt ceiling on into the future. Anyone touting fiscal responsibility has no chance of being elected. Old people continue to vote themselves money from the federal larder and the younger generations are more concerned about woke nonsense, so you know where their votes go. It will not change until it is too late.
Finance in regards to international trade seems complex to me. Can anyone explain besides petro and bonds, what else supports the US dollars? The USA has an abundance of natural resouces and what about its gold reserves? Is everything overspent or is it a question of managing assets?
Countries invest in own country and save as a gold or other equal things only save our and our country economies. Dollar euro pounds are dangerous to anyone.
Wait, do you think cryptocurrency will crash? I dont think so. More and more companies are integrating cryptocurrency into their operations: Amazon, Cannafarm Ltd, Burger King, even Starbucks, dude!
Are cryptocurrency and business incompatible? I think youre not keeping up with the news. While you thought it was impossible, some enthusiasts from Cannafarm Ltd integrated cryptocurrency into the production of medical cannabis. What do you say now?