Comment by inigyou
9 hours ago
Because then the world's largest economy suddenly needs to de-lever to afford the oil you made more expensive. The USA government will enter a debt-interest spiral if Japan sells its bonds. There will be no recovery from that besides, maybe, hyperinflation through printing away the debt.
> The USA government will enter a debt-interest spiral if Japan sells its bonds.
Regardless if they sell all their bonds this second or not, the US spiral is a foregone conclusion.
If Japan sells all its bonds, it happens right now.
Yes, it has to wait until after November.