Man the Chinese have us by the balls

[Dim Bulb]

They are heavy into T Bills now. If they decide to stop investing we are fucked. The Feds buybacks will be a blip if China stops support. On the flip side, the Chinese would be cratering their own export trade if they did so. Man this is a financially fucked up situation.

[thegodfather]

$$$$$$CASH IS KING$$$$$$

[Birdwatcher]

Frankly, it is a symbiotic relationship, if they try and screw us, they screw themselves in the process. If our economy crashes, the whole world will crash in the process.

[udontknowme]

China's holdings of US T-bills isn't really a big deal at all. They could sell all of them today and it might have a worse effect on them then us.


"It's politically popular to say that the Chinese "own the United States" because they are such a huge creditor. The reality is very different than the rhetoric.


While around 5% of the national debt isn't exactly insignificant, the Treasury Department has had no problems finding buyers for its products even after a rating downgrade. If the Chinese suddenly decided to call in all of the federal government's obligations (which isn't possible, given the maturities of debt securities), it is very likely that others would step in to service the market. This includes the Federal Reserve, which already owns nearly three times as much debt as China."

https://www.investopedia.com/article...t-how-much.asp

[Drama Queen]

China's holdings of US T-bills isn't really a big deal at all. They could sell all of them today and it might have a worse effect on them then us.


"It's politically popular to say that the Chinese "own the United States" because they are such a huge creditor. The reality is very different than the rhetoric.


While around 5% of the national debt isn't exactly insignificant, the Treasury Department has had no problems finding buyers for its products even after a rating downgrade. If the Chinese suddenly decided to call in all of the federal government's obligations (which isn't possible, given the maturities of debt securities), it is very likely that others would step in to service the market. This includes the Federal Reserve, which already owns nearly three times as much debt as China."

https://www.investopedia.com/article...t-how-much.asp

The Chinese love American cars.

He meant T-birds.