Quote:
Originally Posted by sabin
USA is still a good deal for rich people right now, but we're a couple decades away from the shit hitting the fan as far as national debt. as soon as China develops a strong enough domestic market and they don't need us to buy their shit, they will call in their loans and laugh as our economy collapses, for real collapses not this recession bullshit, overnight.
but jumping ship is a bit premature at this point.
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By "call in their loans" you mean sell their treasury holdings on the open market, right?
I mean, they don't have put options on the bonds they hold, so your use of terms seems misleading if not wrong.