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China’s secret weapon
Oct 17, 2018

China’s secret weapon

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A majority of Americans believe the United States is in a trade war with other countries, according to the latest edition of the Marketplace-Edison Research Poll, which is out today. As trade tensions with China increase, so too has the concern that the country could weaponize its large holdings of U.S. debt, selling its reserves suddenly in an attempt to destabilize the U.S. economy. We'll talk about what that could mean for the trade war. Then, we talk with five participants from our poll about what financial security means to them. Plus, the big business of secondhand luxury with the CEO of The RealReal.

Segments From this episode

Would China weaponize its U.S. debt as a trade war tactic?

Oct 17, 2018
China owns more U.S. debt than any other country. Selling its current supply of U.S. treasury bonds to mess with the American economy would be an aggressive move that China would not undertake unless provoked further, according to one expert.
A vendor picks up a 100 yuan note above a newspaper featuring a photo of Donald Trump, at a news stand in Beijing on Nov. 10, 2016. 
GREG BAKER/AFP/Getty Images

How luxury consignment works at The RealReal

Oct 17, 2018
"People aren't going to stop buying Gucci, they're just not."
Julie Wainwright is CEO of luxury consignment company The RealReal.
Courtesy of The RealReal

How luxury consignment works at The RealReal

Oct 17, 2018
"People aren't going to stop buying Gucci, they're just not," said Julie Wainwright, co-founder and CEO.
Julie Wainwright is CEO of luxury consignment company The RealReal.
Courtesy of The RealReal

U.S. announces plan to withdraw from 144-year-old international postal treaty

Oct 17, 2018
The Trump administration announced today that it’s planning to pull the United States out of a relatively obscure 144-year-old treaty. The Universal Postal Union sets rates that national postal services charge for shipping small parcels to other countries. The move could affect how much you have to pay when you buy stuff online, especially if the […]

U.S. announces plan to withdraw from 144-year-old international postal treaty

Oct 17, 2018
The Trump administration announced today that it’s planning to pull the United States out of a relatively obscure 144-year-old treaty. The Universal Postal Union sets rates that national postal services charge for shipping small parcels to other countries. The move could affect how much you have to pay when you buy stuff online, especially if the […]

Regulation of installment loans varies widely by state

Oct 18, 2018
A new report from Pew Charitable Trusts finds that nearly 10 million Americans turn to consumer finance companies for short-term installment loans when they need quick cash. But just how much they pay in finance charges can add up depending on how their state regulates lenders. Here’s why some groups are calling for stricter rules […]

Regulation of installment loans varies widely by state

Oct 18, 2018
A new report from Pew Charitable Trusts finds that nearly 10 million Americans turn to consumer finance companies for short-term installment loans when they need quick cash. But just how much they pay in finance charges can add up depending on how their state regulates lenders. Here’s why some groups are calling for stricter rules […]

A majority of Americans believe the United States is in a trade war with other countries, according to the latest edition of the Marketplace-Edison Research Poll, which is out today. As trade tensions with China increase, so too has the concern that the country could weaponize its large holdings of U.S. debt, selling its reserves suddenly in an attempt to destabilize the U.S. economy. We’ll talk about what that could mean for the trade war. Then, we talk with five participants from our poll about what financial security means to them. Plus, the big business of secondhand luxury with the CEO of The RealReal.