Podcast Appearances
Japan owns the most. So Japan owns about a trillion dollars of our debt. China is number two. UK is number three. Luxembourg is after that. That's just the EU owning our debt. Cayman Islands, that's like fake. That's like a bunch of financial engineering bullshit. Then Canada, Belgium, Ireland, France, Switzerland, Taiwan. So Europe and Asia are the main ones.
Japan owns the most. So Japan owns about a trillion dollars of our debt. China is number two. UK is number three. Luxembourg is after that. That's just the EU owning our debt. Cayman Islands, that's like fake. That's like a bunch of financial engineering bullshit. Then Canada, Belgium, Ireland, France, Switzerland, Taiwan. So Europe and Asia are the main ones.
Japan owns the most. So Japan owns about a trillion dollars of our debt. China is number two. UK is number three. Luxembourg is after that. That's just the EU owning our debt. Cayman Islands, that's like fake. That's like a bunch of financial engineering bullshit. Then Canada, Belgium, Ireland, France, Switzerland, Taiwan. So Europe and Asia are the main ones.
Ja. Ich weiß nicht. Es ist schwer zu differenzieren. Empirically between hate and fear. So their hatred of what we're doing and their fear that we won't pay them back is not necessarily, I can't tell you how much of one and how much of the other, okay? No one can. But yes, yes, absolutely. And you could argue that China is now doing this. China absolutely can do this to just spite us.
Ja. Ich weiß nicht. Es ist schwer zu differenzieren. Empirically between hate and fear. So their hatred of what we're doing and their fear that we won't pay them back is not necessarily, I can't tell you how much of one and how much of the other, okay? No one can. But yes, yes, absolutely. And you could argue that China is now doing this. China absolutely can do this to just spite us.
Ja. Ich weiß nicht. Es ist schwer zu differenzieren. Empirically between hate and fear. So their hatred of what we're doing and their fear that we won't pay them back is not necessarily, I can't tell you how much of one and how much of the other, okay? No one can. But yes, yes, absolutely. And you could argue that China is now doing this. China absolutely can do this to just spite us.
China can be like, fuck you, we don't need you. You put tariffs on us, suck it.
China can be like, fuck you, we don't need you. You put tariffs on us, suck it.
China can be like, fuck you, we don't need you. You put tariffs on us, suck it.
What on earth is going on here? There was a significant sell-off in U.S.
What on earth is going on here? There was a significant sell-off in U.S.
What on earth is going on here? There was a significant sell-off in U.S.
So, someone out there knows, but then it's hard to tell who sells it until later they report how much they have. And so we don't know if they were the ones selling the other day. Probably they were, some of it. It's hard to know how much exactly it was them. But yes, I think they did that the other day.
So, someone out there knows, but then it's hard to tell who sells it until later they report how much they have. And so we don't know if they were the ones selling the other day. Probably they were, some of it. It's hard to know how much exactly it was them. But yes, I think they did that the other day.
So, someone out there knows, but then it's hard to tell who sells it until later they report how much they have. And so we don't know if they were the ones selling the other day. Probably they were, some of it. It's hard to know how much exactly it was them. But yes, I think they did that the other day.
I think that when Trump announced like 125% tariffs on China or whatever, I think China's like, well, screw you, and started selling some of our bonds. Do we own some of their bonds? Mostly no, we don't. Feels like that was an oversight.
I think that when Trump announced like 125% tariffs on China or whatever, I think China's like, well, screw you, and started selling some of our bonds. Do we own some of their bonds? Mostly no, we don't. Feels like that was an oversight.
I think that when Trump announced like 125% tariffs on China or whatever, I think China's like, well, screw you, and started selling some of our bonds. Do we own some of their bonds? Mostly no, we don't. Feels like that was an oversight.
You do? I do. Ich glaube, dass es eine wirkliche Möglichkeit gibt, dass wir auf Wachstum zählen werden.
You do? I do. Ich glaube, dass es eine wirkliche Möglichkeit gibt, dass wir auf Wachstum zählen werden.