this post was submitted on 31 Jul 2024

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Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances. (www.cnbc.com)

submitted 1 year ago* (last edited 1 year ago) by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[–] LemmyHead@lemmy.ml 1 points 1 year ago

They'd never do it if it'd hurt USA so badly. They rely strongly on them on many fields, including military support