Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (330456)	4/9/2025 3:11:01 PM
From: zax	Respond to of 365428

>> No, the nuclear option is that we default our debt, leaving China holding worthless paper. That'd be one hell of a nuclear winter. A worldwide depression would surely follow. What would you call the Trump Hoovervilles?

To: Thomas M. who wrote (330456)	4/9/2025 10:39:27 PM
From: Wharf Rat	3 Recommendations Recommended By bentway CentralParkRanger Fiscally Conservative Read Replies (1) \| Respond to of 365428

"No, the nuclear option is that we default our debt, leaving China holding worthless paper" You know who would own the largest worthless paper collection in the entire world? The US, and nobody would even come close. Who holds US national debt? \| FRED Blog (stlouisfed.org) As of the third quarter of 2024, debt held by the public was about $28 trillion, and intra-governmental holdings were about $7 trillion..... Foreign central banks and foreign private-sector entities also play a crucial role in absorbing the fast-growing US national debt. Our third FRED graph shows debt held by foreigners (red dotted line), which doubled from about $4 trillion in 2010 to over $8 trillion in 2024.