Foreign held debt is less than 30% of outstanding, and less than that is sovereign-owned, so I don't think devaluing or attempting to restructure foreign debt via "century bonds" will have much effect on US debt obligations.
I seriously doubt this administration understands any of this. I agree that they don't care, but I don't think they know what's going to happen. No one does.
I seriously doubt this administration understands any of this. I agree that they don't care, but I don't think they know what's going to happen. No one does.