Why does Japan & China Own So much of the US?
Japan has pulled ahead of China as the top holder of US Treasuries while Beijing is buying less and less US debt as relations continue to sour with Washington. The UK remains in third-place on the list of US national creditors.
We are exploring this topic today with Rick Sanchez to discuss the prospect of things getting really NASTY and the possibility of “weaponizing treasuries” in order to wreck profound damages on the US economy.