Michael Sami ☭
@mike4evolution
May 12, 2023
11 tweets
Obviously, China is NOT going to bailout USA this time.
It's obvious, not because of the US behavior towards China, but because China is already selling the US debt. How do you expect China to buy the new debt, when it's already selling the old debt?
globaltimes.cn/page/202302/12
Obviously, China is NOT going to bailout USA this time.
It's obvious, not because of the US behavior towards China, but because China is already selling the US debt. How do you expect China to buy the new debt, when it's already selling the old debt?
globaltimes.cn/page/202302/12
Who bailed out America in 2008?
It was mostly China. The Americans flew to Beijing begging for money "Please Beijing, help us, we are in deep shit." 
And Beijing kindly helped. Maybe because China was not prepared back then for the fall of US economy.
cfr.org/blog/who-bough
And Beijing kindly helped. Maybe because China was not prepared back then for the fall of US economy.
cfr.org/blog/who-bough 
And if you think Japan (the loyal ally & the Top US Creditor), will bailout US... Well, think again.
Japan's holdings fell 18.5% year over year in November to $1.082 trillion as the Fed's aggressive rate hikes increased hedging costs for foreign investors.
spglobal.com/marketintellig
The Bank of Japan’s surprise policy tweak sent US government bonds down sharply. As the BOJ allows the yen to appreciate at long last, Yellen’s team may soon find itself short of buyers for US Treasuries in Asia and beyond.
asiatimes.com/2022/12/boj-fi
An it's not just China and Japan, the other US vassal states will not bailout US and for same Japanese reasons;
The drop-off in foreign demand comes at a time when the Fed is unwinding its own holdings of US government debt in its effort to tame inflation.
bloomberg.com/news/articles/
Do you know what "Quantitative Tightening" is?
It's the opposite of "Quantitative Easing". It's when the Federal Reserve sells the US treasuries to fight inflation. So it's not just China, Japan and foreign countries. Even the Fed itself is dumping.
richmondfed.org/publications/r
So, forget about Japan, China and the Fed...
Who is buying?
Let's see...
UK, Belgium, Luxembourg, Cayman Islands, Canada, India & Germany are buying.
Switzerland, Ireland, Taiwan, Brazil, Singapore, France, Saudi Arabia, South Korea & Norway are selling.
ticdata.treasury.gov/Publish/mfh.txt
But here's the important question;
Are the US treasures bought more than or less than the US treasuries sold?
Obviously, the bought are less than the sold.
I mean imagine UK and Belgium are trying to buy all what Japan, China and Fed selling? Can they?
ft.com/content/632411
And keep in mind that the Fed's hiking rates are screwing all the world currencies but the US, and all the world's bond markets but the US.
So when UK's market crashes and US's market crashes, who do you think the Bank of England should bailout? UK or US?
enterprise.press/stories/2022/1
Yes, the European countries are vassal states, but why didn't the US rely on them for a bailout in the 2008 economic crisis?
Because Europe is in the same sinking boat as the US. Europe itself needs a bailout, so who would bailout Europe? America?!
theguardian.com/business/2022/
The point is, raise the borrowing allowance to 50 trillion dollars. No, let it be 100 trillion. No, better idea, abolish the debt ceiling for good.
But it's NOT about what you allow, brats.
It's about who has the DESIRE and CAPABILITY to bail out USA.
npr.org/2023/01/21/115
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