...might as well swap US Treasuries for tangible assets. Following the China playbook.
Qatar will spend over $200 billion to buy 160 jets from Boeing for its government-owned airline. Great for Boeing, but the downside is that Qatar will likely sell a lot of Treasuries and other U.S. assets to help cover the cost, pushing up inflation and interest rates in the U.S. https://x.com/PeterSchiff/status/1922665339348717639
