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Is it right that China owns a lot of its own debt AND a lot of US debt as well? And also heard that China supposedly has the largest gold reserves in the world,
by einar2812 11y ago
Is it right that China owns a lot of its own debt AND a lot of US debt as well? And also heard that China supposedly has the largest gold reserves in the world, dwarfing any other country in comparison. Could that count for something?
- foxhedgehog 11y agoThey would probably have to spend at least a good chunk their dollar reserves in order to manage a truly catastrophic currency decline.