Yes, the optics of this private placement would be unprecedented (I think) and stunning, but so what? These are extraordinary times, Chian still has big savings surpluses that need to be invested, and we need to borrow bigtime for a few years. Why worry month-to-month about who will show up to buy our debt demanding what interest rate? This would let China feel Warren Buffet-like to boot – an heroic investor at a time of crisis. Maybe as part of the deal we’d give China, for free, a big chunk of the green energy technology we want them using instead of all those dirty coal plants that could lock in emissions woes for decades. Readers who are much smarter on finance (and green tech) than I am should feel free to tear this idea apart – or improve upon it.