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by inigyou 1 hour 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.
1 comments

> 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.