4 ms·
When you owe a million dollars to someone, you have a problem. When you owe a trillion dollars to someone, they have a problem.
by hyperpallium 8y ago
When you owe a million dollars to someone, you have a problem.
When you owe a trillion dollars to someone, they have a problem.
- landryraccoon 8y agoOnly if money is their primary concern. The US went to war with Iraq and it cost trillions. If China wanted to undermine the US economy and it only costs a few trillion in bad debt it's a bargain if it achieves that goal.
- jjeaff 8y agoBut they don't have a few trillion of our debt. They have about a trillion and that isn't even 7% of the total debt. US citizens and institutions own most of the US debt.