China Sells Record U.S. Debt, Japanese Yen On Verge Of Collapse

First published at 20:07 UTC on May 21st, 2024.

China just sold a record amount of U.S. debt, and Japan’s currency is in trouble. Japan, like China, holds an enormous amount of U.S. debt. In fact, Japan holds more U.S. debt than China. The New American breaks down what this means for America.

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CategoryNews & Politics
SensitivityNormal - Content that is suitable for ages 16 and over
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