🔥Bricks Nations are indulging in a massive selloff of US treasuries and stocks.
💥China wants to halt the rise of the US dollar against the yuan.
💰The US is becoming less attractive for foreign investors, leading to a decrease in demand for treasuries.
📉The selling off of treasuries can lead to a higher inflation rate and lower economic activity.
🌍Developing countries are concerned about the rising US dollar, as it adds a burden to their import-export sectors.