China is the largest foreign holder of U.S. debt. But does that put America at risk of China coming to collect and breaking the bank?
In this video from Thursday's edition of Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and David Hanson look at Chinese-held U.S. debt, and explain why this works differently from debt on an individual level.
They also look at who the real holders of the bulk of U.S. debt are, cite some work from Morgan Housel, and explain why China selling off its U.S. Treasuries en masse would have far more downside for Beijing than upside.
