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re: $1.23 Trillion- US “debt” owned by China- WIPE IT CLEAN AS PAYMENT FOR Corona? Yea or no?

Posted on 3/29/20 at 11:59 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11442 posts
Posted on 3/29/20 at 11:59 am to
A creditor nation defaulting on debt obligations of the country who's labor you're dependent on to function (probably not anymore lol). Hello 26% treasury yields.

Hopefully our leaders take a step back and notice how our economy isn't sustainable and turn this into an inflationary economic boom after the virus problem is solved. They won't though, back to clicking buttons so government's can overspend.
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