this post was submitted on 19 May 2025
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[–] Nanook@lemm.ee -5 points 2 weeks ago (3 children)

Haha you forgot about the trillions of debt. Thank you for coming to my Tex talk.

[–] FundMECFSResearch@lemmy.blahaj.zone 8 points 2 weeks ago (2 children)

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

[–] Nanook@lemm.ee -2 points 2 weeks ago (1 children)
[–] ExtantHuman@lemm.ee 0 points 2 weeks 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.