[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Mel Mattison [@MelMattison1](/creator/twitter/MelMattison1) on x 12.8K followers Created: 2025-07-23 19:57:52 UTC Idiots on CNBC talking about how surprised they are that Bessent says he expects China to diversify away from U.S. Treasuries. Only morons think China holding roughly $XXX billion in USTs is leverage. Fed reduced balance sheet by $X trillion in recent years. Just for transactions, China needs at least $XXX billion in USTs. So the “leverage” they have is half a trillion if that, peanuts. China has no leverage or power b/c of their UST holdings, which are a drop in the bucket. That ship has sailed.  XXXXX engagements  **Related Topics** [balance sheet](/topic/balance-sheet) [fed](/topic/fed) [china](/topic/china) [bessent](/topic/bessent) [Post Link](https://x.com/MelMattison1/status/1948110333635432842)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Mel Mattison @MelMattison1 on x 12.8K followers
Created: 2025-07-23 19:57:52 UTC
Idiots on CNBC talking about how surprised they are that Bessent says he expects China to diversify away from U.S. Treasuries. Only morons think China holding roughly $XXX billion in USTs is leverage.
Fed reduced balance sheet by $X trillion in recent years. Just for transactions, China needs at least $XXX billion in USTs. So the “leverage” they have is half a trillion if that, peanuts. China has no leverage or power b/c of their UST holdings, which are a drop in the bucket. That ship has sailed.
XXXXX engagements
Related Topics balance sheet fed china bessent