this post was submitted on 19 May 2025
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[–] [email protected] 8 points 6 days ago (1 children)

But those trillions in debt are literally held by private people as wealth. That’s what called bonds.

[–] [email protected] -2 points 5 days ago (1 children)
[–] [email protected] 0 points 5 days ago

China isn't even the largest foreign owner of US bonds, that's Japan. But total foreign ownership as a whole is still less than domestic ownership.

So, no. Not China.