Not for nothing, it's not surprising to see this thread resurrect itself, after last weeks market performance. as you may have noticed the "markets" recovered through the summer, and are now receding, mostly due to ETFs and Apple employees taking profit after the Apple split. The Market is driven by speculation and panic (FOMO).
Fear of the Chinese holding all "our" debt, is a fear generated by the Gold Standard Crowd, centered in Bourbon Country. Back in the 1980s, the Japanese invested heavily in Manhattan real estate, raising the same fears and cries of doom. When the business cycle slows down, they cash out. We do live in a Free Market, which means anyone can buy or sell their products here.
Most American Debt, is in the form of outstanding Treasury Notes and Bonds, that are traded daily on Wall Street. They are sought after by individuals, and nations alike due to the Safety and Stability of the US Government....And are obtainable, because we are a Free Society, with a Free Market.