alt Hacker NewsSure, 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.
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.
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.