The great #European #divestment has begun. The global south has been working hard to rid themselves of #US debt, the #Japanese just recently started charging rent on their loans - meaning finance companies won't put their money in US bonds - in fact, they might sell off a fair deal.
In short: the #USD will learn why economists call this "the #Chinese century".
French central bank nets €13bn by pulling gold out of US reserves - RFI
https://www.rfi.fr/en/france/20260404-french-central-bank-nets-%E2%82%AC13bn-from-us-gold-sale-consolidates-reserves-in-paris

French central bank nets €13bn by pulling gold out of US reserves
France’s central bank has sold off the last of the gold it held in the United States Federal Reserve and replaced it with higher quality bars in Paris, taking advantage of rising prices to make nearly €13 billion as it upgrades its holdings.







