Pentagon chiefs: Debt default is bad for troops, good for China

““China right now describes us in their open speeches, etc., as a declining power,” Milley said. “Defaulting on the debt would only reinforce that thought and embolden China and increase risk to the United States.”

Austin added that a default would mean a “substantial risk to our reputation” that China could exploit.”

https://www.politico.com/news/2023/05/11/pentagon-chiefs-debt-default-is-bad-for-troops-good-for-china-00096429

Leave a Reply

Your email address will not be published. Required fields are marked *