Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Jim Noble

China stopped buying US debt a long time ago. Not only that, but they sold off much if not all of the US debt they owned


12 posted on 12/20/2017 4:06:26 AM PST by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: bert

First sentence you had is correct. Second is incorrect. Chins still owns 1.2T in ust


14 posted on 12/20/2017 4:11:10 AM PST by rb22982
[ Post Reply | Private Reply | To 12 | View Replies ]

To: bert

China still holds $1.2 trillion of US debt and is the largest foreign debt-holder.

https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124

It is very difficult for China to off-load their US debt if they continue as a major trading partner with the US.

It is the modern version of Mutual Assured Destruction. :-)


29 posted on 12/20/2017 4:45:47 AM PST by cgbg (Hidden behind the social justice warrior mask is corruption and sexual deviance.)
[ Post Reply | Private Reply | To 12 | View Replies ]

To: bert
China stopped buying US debt a long time ago. Not only that, but they sold off much if not all of the US debt they owned

Not according to the U.S. Treasury.

http://ticdata.treasury.gov/Publish/mfh.txt

35 posted on 12/20/2017 5:07:58 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson