2006-12-22 11:12:55 · 7 answers · asked by teknosk1 1 in Politics & Government ➔ Other - Politics & Government
Yup. The Chinese could dump all their US Govt. Bonds next week and the entire US economy would be in shambles. It's all thanks to Bush enourmous deficit that has to be supported by the sale of US Govt. Bonds which China owns so many of.
2006-12-22 11:30:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I believe they are our largest holder of United States debt, which is largely backed by savings bonds of different types, yes. I think the Middle Eastern nations are second on the list.
2006-12-22 19:19:10 · answer #2 · answered by irongrama 6 · 0⤊ 0⤋
They could be. If not, they are a close second to Great Britain.
Love Jack
2006-12-22 19:21:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Japan holds more, but they're both pretty high up the list.
2006-12-22 19:40:46 · answer #4 · answered by bettysdad 5 · 0⤊ 0⤋
and people think Iran is a threat
2006-12-22 19:40:09 · answer #5 · answered by firewomen 7 · 0⤊ 0⤋
Yes, they are
2006-12-22 19:55:42 · answer #6 · answered by Anarchy99 7 · 0⤊ 0⤋
teknosk1 Is this your story?
※※※ http://www.osoq.com/funstuff/extra/extra02.asp?strName=teknosk1
2006-12-22 19:25:59 · answer #7 · answered by cge g 1 · 0⤊ 0⤋