Japan’s hint at selling US debt may be a bluff — but pulling the trigger would still mean collaborating with China against America’s position. Japan holds over $1 trillion in United States Treasury debt. Or, in other words, the US owes Japan a trillion dollars, borrowed to fund America’s profligate spending. Last week, Japan’s finance minister, Katsunobu [...]The post Advice to Tokyo about that US debt weapon: Use at your own risk appeared first on Asia Times.
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