this post was submitted on 02 Feb 2026
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Explain Like I'm Five

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Are there just consequenses for the US Market or just for the whole World? Everything runs on US Dollars doesn't it?

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[–] starlinguk@lemmy.world 2 points 1 day ago

China has been cutting them for years, it's not as worrying as it used to be. Once upon a time they held the majority of bonds, but that's no longer the case.