NYT article's content & title at odds: If China sold its $1T in US treasuries, it'd have only a modest effect on US financial system. Hence, calling it "nuclear option" is highly misleading. More like a water gun pointed into the wind. https://nyti.ms/2C53xYr
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less pork -- china is self sufficient in basic grains, not in animal foods
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Bottom line: It's a democratic robust importer of discretionaries vs. an autocratic fragile importer of necessities.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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soybeans are used as an input for pork and poultry production -- ground into meal and used as a feed. US beans exports aren't "tofu" quality
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Didn't know that thanks! I'll have to look up whether they are sauce quality haha
End of conversation
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