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That's not how US debt works. It pays back on a schedule. China could stop buying new US debt, and will continue to receive payments on US debt it owns, but Chi
by timerol 3y ago
That's not how US debt works. It pays back on a schedule. China could stop buying new US debt, and will continue to receive payments on US debt it owns, but China can't call up the US and demand full repayment immediately.
- chihuahua 3y agoThey can call and demand full repayment, but the only response would be laughter.