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Cheap Dollars For The U.S. Is Done - China's Economic Bombshell In Saudi Arabia
9 months ago
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Politics
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USEconomy
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Cheap Dollars For The U.S. Is Done - China's Economic Bombshell In Saudi Arabia
Just last week, China just issued $2 billion of dollar-denominated bonds. While this seems harmless, it could be a trend of Beijing using their economy and trade surplus to compete with the US for global funding. And because of this, the cost of borrowing for the US government is going to get more and more expensive. Here's what you must know!
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