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To: SeekAndFind

First, China only holds about $1 trillion of our $28 trillion debt. Second, if they sell somebody else buys it. So who cares?


23 posted on 09/20/2020 7:23:55 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

First, China only holds about $1 trillion of our $28 trillion debt. Second, if they sell somebody else buys it. So who cares?


And if they redeem it, we give them inflated money back.

Eventually the money has to come back here and be spent. What will they buy? That is the question. Real estate? stocks? cars? bling? revolution? (read that one again slowly)

We have tremendous inflation coming. They can’t raise the interest rate because the us is the biggest borrower.

Our money is crap, but it is the best crappy money in the world.....................


24 posted on 09/20/2020 7:32:06 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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