from Hacker News

Why China Is Fleeing US Treasuries

by marvin-hansen on 1/9/25, 10:36 AM with 2 comments

  • by nabla9 on 1/9/25, 11:12 AM

    Marxian economist Richard Wolff starts with erroneously claiming that China and Japan are the biggest lenders to the US government.

    Only 22% of US government debt is owned by foreign countries. Most of the debt is domestic.

      Japan $1.1T 3% 
  China $0.8T 2%