“If China finds itself having to sell all the US t-bills they’re holding, in order to pay their bills, then we will be affected VERY quickly.”
Why would that be?
If they were to sell their US t=bill some other entities would buy them, not the US Govt.
Right. They might sell them at a discount to other parties, in order to unload them.
Who's then going to buy t-bills from the US govt, in order to cover our massive deficit, if China gives a better deal?
Wiemar hyper-inflation anyone?