[bert]

You don’t understand what’s what. The debt in Chinese hands is paper, or rather electronic blips on an American ledger.

China is the one with the risk. All America has to do is quit paying interest on the debt. China can’t weaponize the debt. And by the way, They have been reducing what they have.

At present in China, American bonds are more valuable than any Chinese securities placed by the failing banks there.

[hcmama]

Sure, all the US has to do is default on trillions of dollars of Treasury instruments! What's the big deal? Why haven't we already implemented this Galaxy Brain plan?

[rottweiller_inc]

American technology needs Chinese rare earth so think again

[PGR88]

China is the one with the risk. All America has to do is quit paying interest on the debt.

America defaulting on its debt - to its first or second largest debt-holder. What a message to send to the world.

that would be neocons shooting themselves in the head one final time. I actually would like to see it happen, out of morbid curiosity.

[Boogieman]

“China is the one with the risk. All America has to do is quit paying interest on the debt.”

Or we can do the murder-suicide scenario: just print enough dollars to pay China off, making the debt worthless, even if it causes massive inflation for us as well.