China & Japan Could Crash Our Economy With One Move ๐๐ฃ
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It wasnโt just bad mortgages in 2008. Americaโs biggest lenders โ China and Japan โ had a unique form of leverage: US debt. Holding over a trillion dollars, they could sell off bonds to spike US interest rates. In 2008, and later during Trumpโs trade war, this tactic became a serious threat. Hereโs how bond markets, foreign policy, and the housing crisis collided to create a dangerous economic moment. Watch this clip from the movie ‘ Too Big To Fail’.
#finance #financeexplained #toobigtofail
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