They can just write it off their taxes, up to $3000 per year... oh wait... The USA used to run a racket where they invested in other developing nations and then invaded when their interests went sideways, I don't see how anyone holding our debt overseas could come to forcibly liquidate our assets. Paper money is like a game, they can find other tricks to just keep the game going, and we still have gold and oil reserves that could be liquidated
They can just write it off their taxes, up to $3000 per year... oh wait... The USA used to run a racket where they invested in other developing nations and then invaded when their interests went sideways, I don't see how anyone holding our debt overseas could come to forcibly liquidate our assets. Paper money is like a game, they can find other tricks to just keep the game going, and we still have gold and oil reserves that could be liquidated