Can someone ELI5?
Japanese investors hold a large chunk of US bonds. With the yen rallying against the dollar and US rates being high, they’re looking to dump their bonds because otherwise they’re going to start losing money on them.
They’d never do it if it’d hurt USA so badly. They rely strongly on them on many fields, including military support
I’m not going to take anything the Heritage Foundation says seriously
I’m out of the loop. What did HF do to make you not take them seriously?
It’s a right-wing think tank who, among many other things, are the architects of project 2025.
Japan should just try communism. I hear it works great and then you can cozy up with your neighbors of Russia and China.
A Japanese communist movement literally tried, they were put down by fascists.
Also Russia isn’t communist lol