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Reply to "US credit downgrade "
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[quote=Anonymous][quote=Anonymous] Every time they argue over raising the debt ceiling they say "we don't want to default on the debt" they never say " we don't want to cut government to pay the bondholders" That's literally admitting that paying back bondholders is the last budget priority. This is on top of already defaulting by paying back bondholders a fraction of their initial investments using deflated dollars. What kind of idiot would buy and hold US bonds?[/quote] China and Japan hold 15 pct of our debt. But they may not keep it if Trump and JD Vance keep calling the Chinese peasants. Not sure if Trump has gotten around to insulting the Japanese yet but I’m sure he’ll get around to it. [/quote]
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