Really a moronic article. “We’ll take the house” and just how is China going to get it’s money back from the USA if we choose to default?
I don’t foresee China waging a hot war on the USA, but they might confiscate US owned assets in China.
Each time Tim Turbo Tax pushes the print button we are screwed. All of us!
Inflation is just another form of tax.
Look at the numbers from the Carter era 18% for a mortgage.
Not a good idea.