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re: National debt going insane all over the world

Posted on 12/5/18 at 8:32 pm to
Posted by anc
Member since Nov 2012
18148 posts
Posted on 12/5/18 at 8:32 pm to
China holds very little of our debt. We owe it to ourselves.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15792 posts
Posted on 12/5/18 at 9:58 pm to
quote:

China holds very little of our debt. We owe it to ourselves.


China and Japan hold 10% of our debt. Enough to make an impact if they wanted to dump it. They won't, because we need to borrow cheaply to keep funding the debt so we can buy from them.

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