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GreenvilleVT

Joined: 08/31/2007 Posts: 11342
Likes: 12088


If the treasury securities held by China were


Dumped into the financial system it would collapse the borrowing ability of our country for years. The reason they hold our securities is we couldn’t sell that much debt to anyone else. Maybe the fault in the stars is the fact we are in so much debt rather than who holds them. Americans want their 3% mortgages to finance their Mega McMansions but don’t want China to provide the funding to support it. If we want to be independent of China’s investors then maybe we should reign in spending and borrowing sometime.

(In response to this post by RoswellGAHokie)

Posted: 02/07/2022 at 6:45PM



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