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Thread: Is it wise for China to hold so much debt of US?
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[quote=YINDUFFY,305665]The stability of America is the big appeal to foreign investors. In other countries they might have to worry about the governments Nationalizing foreign holdings ( like Venezuela did to oil companies) or losing their legal rights. An English company bought my employer after selling off holdings in Africa. Japanese bought real estate in the 1980's. Middle Eastern millionaires have huge holdings in the U.S. too. With our system of laws and protections and the fact that every issue of money ever made in over 227 years is still redeemable at face value investing in America is a safe bet. What if they bought bonds in Zimbabwe where now they print notes in denominations of Billions?[/quote]
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