Priaptor1

mike_galloway said:

When china hold a huge proportion of US debt it's a stupid man that provokes the dragon especially when the US need mountains of new debt continually. 

The bond markets are the real king here and will determine the outcome of this farce.

"huge".  Hysterical.  Another uninformed UI.  China holds 750 billion of our total of 29 trillion in debt. That comes to 2.6% of the total American Debt.  While it is not insignificant, it is hardly "HUGE" and while in the short term IF they chose to dump our debt, it could cause some dislocation, it would hardly make a difference in the long term. 

For those, like Galloway, how spew the left propaganda, only 25% of our debt is held by foreign government with Japan, being the largest debt holder of 1.1 trillion. 

The scare tactics of the propagandists like Galloway are severely overblown. 

America has much bigger problems regarding our debt than China dumping it.  Our much bigger problem are those like the Galloway types who support spending money and supporting China like a drunken sailor

Pretty amazing to read some of the comments made here.  

China needs our market to sell much more than we need their goods they make with slave labor, human rights violations, pollution, currency manipulation or industrial theft. If they lose the biggest market in the world OR disrupts their biggest market OR have to manipulate how they sell their artificially cheap goods, the delta on their currency and health and wellbeing as well as their inflated GDP gets crushed. 

China directly manipulates, through their government, in contrast to any good will, their economy.  To those of you too dense to understand, what was China's first response to these tariffs?  THEY THROUGH THEIR COMMIE GOVERNMENT directly devalued their currency, in order to try to offset the increased cost tariffs brings.  Not great for their people and not such a flip move for a "sleeping dragon".

As to how much American debt China holds, it is much less than most think.  Japan actually holds the most at 1.1 trillion followed by China at just 760 billion.  Both are actually just a minor amount compared to our total. While dumping by both will cause some hardship, it will be a blip with time no matter the disruption in the short term.  The claim of China's influence on our debt has been greatly overstated by the liberal left and their cult members love to quote the propaganda as "truth"

I love reading the hate America drivel.  These libs love to hate America and love to love our Enemies. I guess they miss that China, who was directly responsible for COVID then held the rest of the world, including us here in the USA hostage for pharmaceuticals and medical equipment such as their garbage masks. I guess we can ignore their massive buildup of military as they support N. Korea, Iran, provoke Taiwan, Japan, Australia, Philippines, etc. Libs can ignore their human rights violations, their massive polluting, their enslaved labor as well as all the other manipulative behavior of Xi and others.  WHY?  Because to a lib, these are all OK if it means they pay for few cents less for products they want rather than need while they sell out all of their hypocritical tenets of belief.