Hi MD,
. I agree with your comments but remember that the US were happy for China to accumulate 4 trillion US dollars in bonds to fund an ever increasing deficit. China has the big stick now and put a large parcel of bonds into the bond market the other week causing the DOW to drop 800 points in one session.
Not sure how this will play out but America has been caught out by China in the EV revolution and will now try to bully and manipulate their way back into the game.
As with the GFC, the American middle and lower class will end up footing the bill.
Regards,Tinman9.
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