Chris Post Count: 1938 |
I thought this might interest some of you:
(FT) -- Foreign demand for US Treasury securities fell by a record amount in December as China purged some of its holdings of government debt, the US Treasury department said on Tuesday. China sold $34.2bn in US Treasury securities during the month, the US Treasury said on Tuesday, leaving Japan as the biggest holder of US government debt with $768.8bn. China overtook Japan as the largest holder in September 2008. The shift in demand comes as countries retreat from the "flight to safety" strategy they embarked on upon during the worst of the global economic crisis and could mean the US will have to pay more to service its debt interest Source I figured you guys would like to know who is holding our debt right now. China decided it was tired of our bullshit, I guess. |
Jessica [Private] Post Count: 1751 |
Am I the only one amused that Japan lent us money?
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♥Mars.Foxx Post Count: 64 |
i knew about this, its pretty unsettling to know we owe these countries money.
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