What’s going on Canada?
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And guess who owns most of that debt and who keeps buying more?
One of the many countries he’s antagonizing and slapping tariffs on. Why would they keep supporting him by buying more debt? And why wouldn’t they start demanding some of it back. When the US defaults on a payment then all hell breaks loose in the US economy.
Actually the US owns most of the debt. That’s part time of the reason it’s not seen as risky as theyre effectively and iou to themselves.
https://usafacts.org/articles/which-countries-own-the-most-us-debt/