NYcarbineer
Diamond Member
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You can't do basic accounting. Social Security OWNS "no treasury bonds" .. They USED to. But the Stolen Surplus is booked as "intra-departmental debt".. It has no VALUE whatsoever. Not at all like the Chinese holding paper of value that can be sold and traded.
SS securities are backed by same full faith and credit of the US government as is any government issued bond.
The US government would default on a Chinese held bond before it defaulted on SS payments.