If I borrowed 100 grand and told my bank I needed more money because I spent the money on my deadbeat relatives gambling debts they would laugh at my face before loaning me any more money.
I made a thread suggesting we make China pay for damages their virus caused by wiping out our debt to them. Someone retorted that China only held 1 Trillion of our debt. Who all else is stupid enough to buy bonds or what not that makes up our debt knowing how we are going to go spend the money? Who is it who has plenty of money to loan to us?
I made a thread suggesting we make China pay for damages their virus caused by wiping out our debt to them. Someone retorted that China only held 1 Trillion of our debt. Who all else is stupid enough to buy bonds or what not that makes up our debt knowing how we are going to go spend the money? Who is it who has plenty of money to loan to us?