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inigyoutoday at 1:29 PM1 replyview on HN

Because then the world's largest economy suddenly needs to de-lever to afford the oil you made more expensive. The USA government will enter a debt-interest spiral if Japan sells its bonds. There will be no recovery from that besides, maybe, hyperinflation through printing away the debt.


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Supermanchotoday at 1:45 PM

> The USA government will enter a debt-interest spiral if Japan sells its bonds.

Regardless if they sell all their bonds this second or not, the US spiral is a foregone conclusion.

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