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To: bert
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?
23 posted on 02/20/2023 6:19:55 AM PST by hcmama
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To: hcmama

Not all, just obligations to China.

The debt is no threat to America from China


25 posted on 02/20/2023 6:22:27 AM PST by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality day )
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To: hcmama; bert
"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?"

If the US decides to do this to China and defaults on our debts to them then the days of foreign nations buying US debt instruments are over. If the US does this it would be tantamount to a murder-suicide.

31 posted on 02/20/2023 6:31:11 AM PST by wildcard_redneck (The Ukraine is dead, the head just doesn't know it yet.)
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