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Joined 2 years ago
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Cake day: August 8th, 2023

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  • It’s the last line. Where they say it is owned by governments just not European ones. That’s just wrong. They do own some of it. How much is up for debate but to say they don’t is wrong.

    Also agree they probably won’t do anything with it as using it as a lever will also damage global markets, increase the overall cost of debt and impact all the economies involved.

    However the world seems so fucking mental at the moment. So who’s to say it won’t happen.

    Also I do wonder if China might do it with theirs just because they can, to flex their muscles or as a big fuck you to the US.



  • Nope your turn to prove that none of this debt is owned by European governments.

    I’ve provided the most reputable source that says the debt is owned by governments and within their breakdown it says some of those countries are European.

    It doesn’t provide a detailed breakdown of private Vs government for these countries but no where does it say that is debt is only privately owned in European nations.

    You need to prove that or stop talking nonsense.

    Although not technically part of the EU anymore the UK government has confirmed a number of times that it owns US debt. Other nations will certainly do this as well.

    Unless you can provide a source that says that no European governments own US debt you’re just making things up.


  • The section you’ve quoted that line from is only talking about privately owned US debt.

    As you can see from the actual beginning of the paragraph rather than picking out the words you like at the end.

    As I’ve already posted and mentioned right at the start of the pdf

    See where it says 44.2% are held by foreign governments. Governments.

    In the document from Congress.

    About their own national debt ownership breakdown.

    Then when we look at the country breakdown of ownership of this debt later on there are plenty of European nations in there.