Wednesday, January 20, 2021

Tag: Senator Graham Wants to Default on $1 Trillion Debt Owed to China

Senator Graham Wants to Default on $1 Trillion Debt Owed to China

by Mish Shedlock, The Maven:

Senator Lindsey Graham proposes the US should default on the Chinese holding of US treasuries.
The US economically illiterate nutcases are out this weekend led by Senator Graham.

The Senator proposes a Pandemic Tariff including cancelling  all debt owed to China.

Anger in political circles, particularly in the Republican Party, has manifested itself in legislative proposals seeking to allow U.S citizens to sue China in American courts for the pandemic, calling for sanctions on Chinese officials