hope they can implement all the policy changes the IMF requires to provide them a loan to fix their irresponsible spending economy. /s
Do they intend to lower it? No? Then it’s pointless data
Last time China bought a bunch of US bonds when the economy crashed. I don’t think that’s gonna happen this time around.
And? Those in charge don’t care. According to your own post, ten percent of all households in USA were food insecure in 2021. That’s a lot of people, but it’s “only” ten percent. The number can go higher - if needed to be.
Those in charge don’t care, but as material conditions continue to decline the country will plunge itself into social unrest. We’re already seeing that starting to happen right now. Sooner or later the whole house of cards collapses.
There’s plenty of room to go before any collapse.
That there is.
I am sure they will manage. They will. Just 100-200 more years. Just. Wait. For. More. IMF. Sanctions.
