Drudge and more importantly the Washington Examiner should be ashamed of themselves for putting up this crap.
The Iran war and $40 trillion debt just made Chinese bonds look safe
by William Nye, student and columnist from Australia
Yeah, Chinese bonds look so safe that China itself owns TWO TIMES MORE UST than foreigners hold of China's own goddam government bonds, and both sums are tiny little dwarfs compared with the $40 trillion U.S. government debt market.
Foreigners own $0.2962 trillion of Chinese government debt as of mid-2026.
China in June owned $0.6334 trillion of U.S. government debt at the very same time.
Meanwhile foreigners altogether owned $9.299 trillion of U.S. debt in June.
Bonds are only as good as the people backing them and as good as the government which can tax them to pay them off.
Individual median disposable income in the United States in 2023 was more than EIGHT TIMES higher than in China at $38,110 compared with China at $4,588.
In America tax compliance on wages and salaries is nearly 100%.
In China you need to roll out the tanks.
Stupid people read these stupid headlines and stupid articles and stay stuck on stupid.
Too often that leads to getting stuck to the pavement.
