LIQUIDATION of U. S. DEBT At Least 22 Nations SOLD OFF U. S
According to the latest report on international capital flows released by the U. S. Treasury Department on April 17 EST, at least 22 countries worldwide sold off U. S. Treasuries in February. Among them are China, Japan, the United Kingdom, Belgium, Switzerland, Ireland, Canada, India, France, Germany, the Netherlands, the United Arab Emirates, Australia, Israel, Iraq, Italy, Poland, Kuwait, Sweden, Colombia, the Bahamas, and Vietnam. In February, Japan, one of the largest holders of U. S. debt, sold 22. 6 billion of U. S. Treasuries, reducing its position to trillion. Moreover, six of the G7 countries, namely Japan, the U. K., Canada, France, Germany, and Italy, also collectively sold U. S. Treasuries in February. In addition to Japan, the U. K., Canada, France, Germany, Italy, Australia, and Israel also sold 3. 7 billion and 4. 1 billion of U. S. Treasuries, respectively. Recently, Israel has been increasing its foreign exchange reserves in nondollar currencies, such as the yuan, whi
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