My guess is they'll turn around and reinvest it in even more T-bills.
That way they'll collect even more interest from our taxes.
At some point, it's possible that we could default on our debt.
In that situation, it's conceivable that they'd demand seizure of some of our assets.
We purchased Alaska from Russia long ago.
Considering the oil and geographical proximity of Alaska, perhaps that's what they'd want in payment of our debt.
We might even be forced to toss in Hawaii.
At some point, it's possible that we could default on our debt. In that situation, it's conceivable that they'd demand seizure of some of our assets. We purchased Alaska from Russia long ago. Considering the oil and geographical proximity of Alaska, perhaps that's what they'd want in payment of our debt. We might even be forced to toss in Hawaii.
Oh no, they'd demand Alaska. Perhaps we'd tell them to pound sand. They can buy all the T-Bills they want. We can print the money to pay them back. Paper is cheap.