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Sean Foo
Oct 2, 2022
China’s had enough and they are coordinating a huge dollar dump to defend the Chinese Yuan. Because of the Fed rate hikes, the Yuan has been cratering, making China’s imports more expensive and threatening to spike inflation higher. This could collapse the Chinese markets and now China is taking massive action by orchestrating a massive sell-off of US dollars. However, this could easily spill over into the US debt market and trigger a bond crisis for the United States. Here’s what you must know!
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