4 ms·
If the US cancels Chinas bonds the US looses any trust, i.e. everyone has to assume that their bonds are worthless. No sane person/company would lend the US mon
by sgift 7y ago
If the US cancels Chinas bonds the US looses any trust, i.e. everyone has to assume that their bonds are worthless. No sane person/company would lend the US money in that scenario.
- Canada 7y agoAnd if China nationalizes US technology nobody will trust it either. No sane company would invest there in that scenario. I think whoever takes drastic action first would lose trust of third parties. Anyway, I don't think it's going to go that far, too much collateral damage.