37 posted 1 year ago by Khonalomgit 1 year ago by Khonalomgit +37 / -0 16 comments share 16 comments share save hide report block hide replies
It's not really that, is there a chance another country, say China could aquire that from Japan if their economy gets worse?
Yep. But the more US debt any one country holds, the more their own economy is threatened by a possible US default.
There's the saying: "If I owe you a thousand dollars, and I can't pay it back, I have a problem. If I owe you one million dollars, and I can't pay it back, YOU have a problem."