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Cryptopolitan 2024-04-28 13:50:54

U.S. and China’s standoff over debt reaches scary level

The tension between the U.S. and China has escalated into a full-blown financial conflict that’s edging towards catastrophe. Secretary of the Treasury Janet Yellen’s request for China to purchase $400 billion in U.S. debt went unanswered, leading to a series of economic and political retaliations that are shaking the foundations of global stability. Economic Tensions

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