re: What happens if China has to call in our

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The US has to agree that the debt be sold and to whom.

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No, that is just nonsense.

They can sell their bonds any time they so choose just like everyone else.

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It’s not like China is the banker.

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That is exactly what it is like and the entire purpose of the bonds, keeps FedGov out of the banks and saves them money using individuals as quasi banks.