China is Selling Off Treasuries as it Prepares for a Blockade of Taiwan and a War with the United States

by Michael Snyder End of the American Dream

We are closer to a war with China than most people realize. Right now, U.S. officials in Washington are deeply concerned that the Chinese may impose a full-blown blockade on Taiwan as the first step in a “reunification” campaign. Many Americans don’t realize that such a move would be a really, really big deal. If China chooses to blockade Taiwan, the U.S. and China would instantly be in a state of war. All of a sudden, the flow of high-end computer chips from Taiwan would completely stop. And all of a sudden, the flow of products that we import from China would completely stop. In other words, our standard of living would be radically altered for the foreseeable future.

But there are certain things that are likely to happen before China pulls the trigger on a military solution. In recent months, China has been making moves to reduce economic exposure to the United States, and one of those moves has been to sell off U.S. Treasuries.

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