3 ms·
They could also just default on just the portion of the debt that China holds. I never really understood this fear. If you go to war with a country and burn it'
by 3pt14159 4y ago
They could also just default on just the portion of the debt that China holds. I never really understood this fear. If you go to war with a country and burn it's debt holdings sure you get a knock on your trustworthiness a touch, but it is literally war. Bond holders in, I don't know, Brazil aren't going to bat an eye.