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> US government ineptness? Or US citizen ineptness. It's not the government buying this debt You are focusing on this one type of transaction whereas the reali
by _xnmw 5y ago
> US government ineptness? Or US citizen ineptness. It's not the government buying this debt
You are focusing on this one type of transaction whereas the reality is that the Chinese state exercises influence in a lot of other areas where US investors have no control. Say, for, example using state-sponsored hacking and espionage to give an unfair advantage to their investors on the international free market. Something US investors could go to jail for if they tried to do. I repeat, if the US doesn’t fight for US investors interests, China will nonetheless fight for theirs.