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The US holds vastly more US treasury bonds than any other country. But look at the data: http://ticdata.treasury.gov/Publish/mfh.txt http://ticdata.treasury.gov
by ktRolster 11y ago
The US holds vastly more US treasury bonds than any other country. But look at the data: http://ticdata.treasury.gov/Publish/mfh.txt http://ticdata.treasury.gov/Publish/mfh.txt
China holds about the same amount as Japan, and if you count Europe as a region, then Europe holds more than either of them.
Furthermore it doesn't really matter: it's not like they can 'call the debt.' China has to wait for their bonds to mature just like everyone else. Really it's rather nice of China to loan us the money.
- jcoffland 11y agoYou're right it doesn't matter that China has loaned us tons of money. You can talk your way around it and Wall Street and the American media outlets have done this for years but it does not change the facts. China continues to grow as an economic threat to the US and we don't want to believe it.
- ktRolster 11y agoWhat exactly is an "economic threat?"
- foxhedgehog 11y agoJust piping in to say that this is correct.