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0 sats \ 0 replies \ @Solomonsatoshi 20 May \ parent \ on: Japanese Bond Market Drama econ
Japan is monetarily and militarily a subservient tribute state to the USA - just like all the other IMF reserve currency board issuing nations, except China.
Chinas alternatives to USD/SWIFT trade payments protocol hegemony, mBridge and CIPS, are eroding petrodollar market dominance . . . and the US empire it supports.
Monetary and military power projection are co dependent.