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nonethewiser
2mo ago
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For reference, 25-30% of US treasuries are foreign owned. It's still a lot but I think people over-estimate how much of US debt is foreign owned.
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testing22321
2mo ago
Sure, but if the majority of that foreign owned debt is sold off, it’s very likely there would be a run and everyone would try to sell in a panic.
nonethewiser
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2mo ago
It would have a massive negative impact, and there are reason why these countries dont do this (their own interests), but that's all besides the point. The US hold most of it's debt, which is not something everyone realizes.
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