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re: Can the USA go into more and more debt forever?

Posted on 4/29/17 at 11:42 am to
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 4/29/17 at 11:42 am to
quote:

The Chinese could dump government bonds and cause this at any time.


This is the biggest misconception that everybody believes bc they watch the news too much.
Posted by bovine1
Walnut Ridge,AR via Tallulah,LA
Member since Dec 2004
1284 posts
Posted on 4/29/17 at 12:03 pm to
China has been selling to support the renminbi/yuan you are coorect. They still hold over 1 trillion dollars worth of our bonds as of year end. I personally think a sell order of that size would do us sizable damage. I don't watch much news.
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