When the U.S. froze Russia’s Treasury assets, it didn’t just impose sanctions–it defaulted.
No matter how morally justified, refusing to pay back a creditor is still a default. And the rest of the world noticed.
China’s Treasury holdings are down 30% in just a couple of years. Their share of U.S. debt is now a fraction of what it used to be.
This isn’t just geopolitics–it’s a major shift in the financial system. And if more creditors follow China’s lead, the consequences will be enormous.
#JamesHickman #SchiffSovereign #USDebtCrisis #China #SelectiveDefault #Geopolitics #FinancialCrisis #PlanB #SmartMoney #USTreasury #DeDollarization
#short
