The US can potentially raise additional government revenue by collecting payment on defaulted bonds issued by previous Chinese governments (imperial debt) or the UK still owes the US money from World War II loans; the Treasury explored this during the first Trump administration while simultaneously the SEC was prosecuting people for fraudulently selling these same bonds to retail investors.

factualpending

Speaker

Tracy Aloway

Evidence Quote

Treasury was looking at ways to get a payout on the Chinese bonds... SEC was prosecuting someone for selling those bonds... bonds issued by predecessor governments in China.

Source

Jim Millstein on the Massive Risks of Any 'Mar-a-Lago Accord' | Odd LotsBloomberg Podcasts
Created: 8/11/2026, 6:58:13 AM

My Notes

Loading notes...