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China sold a record $53.3 billion of US Treasury and agency bonds in the first quarter of 2024, likely due to escalating trade tensions and a desire to diversify its assets. This move is raising concerns as China is a major holder of US debt and its actions could impact the US economy. Additionally, China has been increasing its gold reserves, potentially as a way to mitigate sanctions risk.
It’s just the
policy of “if you can’t beat them, sanction them.” It’s telling that the US can’t get into a full on war with a developed country head to head.
the US Navy basically admitted defeat by Ansarallah when the state dept started offering big concessions to Yemen in exchange for them ending the blockade
can’t even win a minor naval battle against a wartorn nation without a navy
“Sure, we had to call it quits because of Yemen’s drones, but let me have a go at the world’s largest manufacturer of drones. I think I can win.”
China has the ability to produce 8x the number cruise missiles in the entire US armory every week, so obviously we can crush them in a conflict.
USA in WW2: liberty ships aren’t pretty but we’re making three a week.
USA in WW3: this overweight and over-engineered wunderwaffe will overcome the enemy