[goldstategop]

China owns most of our debt. Jiabao read the riot act to Obama yesterday and said in effect, you want a climate change agreement? Then we'll call in your debt.

The American President quickly folded.

"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus

[Toddsterpatriot]

China owns most of our debt.

If by most you mean less than 7%, you're right.

[chilltherats]

They can’t call the debt at this point, at least not a large portion of it. The securities haven’t matured yet. All they can do at the moment is sell them or borrow against them.

[midnightcat]

Is that what happened? I kind of wondered. If that’s the case, then Jiabao should read the riot act to Obama more often. Obama is like a screaming brat who demands more cookies when there’s nothing left in the cookie jar. I’ve never seen anything like it.