China Warns U.S. Not To Default On Debt

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China Warns U.S. Not To Default On Debt

Leaders in China, which owns $1.28 trillion in U.S. Treasury bonds, warned that a default by the United States would have global ramifications and urged American lawmakers to work harder to raise the debt ceiling before the country hits its borrowing limit on Oct. 17. What do you think?

  • “So it was just about the money for them all along?”

    Frank Fenton
    Hat Trimmer
  • “This probably isn’t a great time to ask, but I could sure use a loan from the Chinese.”

    Annette Groom
    Real Estate Lawyer
  • “I’d love to help out, but I’ve only got $878 billion.”

    John DeTitta
    Malt House Operator