China/USA: a separation of bodies
China’s holdings of U.S. Treasury bonds are at their lowest level in 15 years, while its gold reserves have reached a record high.
These are all signals indicating a desire to decouple its economy from that of the United States as quickly as possible.
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[…] dollar is devaluing rapidly, with its purchasing power down 25% in just four years. Add to that China’s treasury dumping and BRICS countries stacking gold, we’re faced with a perfect storm of global financial […]