Sales of US Treasuries to finance bailout. Should Portugal, Italy, Greece, Spain and Europe do so?

The USA does not interfere directly that way. It is a major contributor to the International Monetary Fund which is helping those countries. The USA raises much of its money by selling bonds, as do other countries.

Some of that money winds up as aid to other countries. There is no more direct way, nor would it be helpful. All countries need to reduce their debt as soon as practical.

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