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2020-09-17 China-Japan-Koreas

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Posted by Fred 2020-09-17 00:07|| E-Mail|| Front Page|| [1762 views ] Top
File under: Commies

1 Here is a $1 trillion bill in exchange. Don't spend it all in one place.

Posted by Punky Poodle9392 2020-09-17 01:21|| 2020-09-17 01:21|| Front Page Top

2 Would only hurt a little bit in the short term and would be very good for us in the long term.

Go ahead. Make our day.

Posted by DarthVader 2020-09-17 08:45|| 2020-09-17 08:45|| Front Page Top

3 Joe, Joe, he's our man!

Posted by Bobby 2020-09-17 10:23|| 2020-09-17 10:23|| Front Page Top

4 China's got the same problem every investor has right now: If you don't want to hold US gummint debt, where are you going to put the money? I suppose they could buy Switzerland, or take it all to Macau for a potentially spectacular return. Or they could ask Paul Krugman what he thinks, and then do the opposite.

Posted by Matt 2020-09-17 11:36|| 2020-09-17 11:36|| Front Page Top

5 I suppose they could buy Switzerland,

The other problem is that no other financial market could absorb an investment of that size. Quantity has a quality, etc.

Posted by trailing wife 2020-09-17 14:36|| 2020-09-17 14:36|| Front Page Top

6 But in the event of an extreme scenario, for example, a military conflict, China can sell the entire US national debt...

The presumption being there will be buyers for all that debt. Central banks will likely avoid it like the plague and for the stuff they do manage to get rid of, they'll take it in the shorts like Fred mentioned. This sounds like weak chest-thumping to me.

Posted by Raj 2020-09-17 15:43|| 2020-09-17 15:43|| Front Page Top

23:41 Clem
23:27 Unavith Big Foot4523
23:21 Clem
23:03 swksvolFF
22:56 Fred
22:44 trailing wife
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22:18 Egon Gagarin4242
22:14 KBK
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