Quote:
Originally Posted by JiriHrdina
The US will borrow it from other countries, including China.
Or maybe they'll just slap the whole thing on their credit card so at least they get the airmiles for it.
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Sorry Jiri, I'm confused. For the US to borrow from China et al, China has to agree to buy this debt (i.e. T-Bills). Is that actually happening, i.e. is China buying T-Bills?
Or are they simply just printing cash?