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To: blam

So, the Fed admits they hold more debt than China. Something just doesn’t add up; The US has 14 trillion of debt. According to this link -

http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

foreign governments hold about 4.5 trillion. that leaves almost 9 trillion. Who holds that?


18 posted on 02/06/2011 7:13:39 PM PST by Visceral (The more I learn, the less I know)
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To: Visceral

“So, the Fed admits they hold more debt than China. Something just doesn’t add up; The US has 14 trillion of debt. According to this link -

http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

foreign governments hold about 4.5 trillion. that leaves almost 9 trillion. Who holds that?”
?
?
?
Great question!!!


28 posted on 02/06/2011 7:31:05 PM PST by misanthrope (Liberals just plain suck!!)
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To: Visceral
Intragovernmental holdings are $4,629,447,969,498.62.
29 posted on 02/06/2011 7:31:18 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Visceral
foreign governments hold about 4.5 trillion. that leaves almost 9 trillion. Who holds that?

Mutual funds and banks, mostly. Think about that. wipe the vomit off your shirt and buy gold. NOW...

55 posted on 02/06/2011 11:03:29 PM PST by April Lexington (Study the Constitution so you know what they are taking away!)
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To: Visceral
A lot of government debt is held by domestic bondholders, for example guys like Bill Gross, the CEO of PIMCO.

When the government eventually defaults on their obligations, these fools are going to lose more wealth than anyone in the history of mankind. It's going to make the credit default swap collapse look like a day on the beach.

64 posted on 02/07/2011 6:21:13 AM PST by jpl ("If they bring a knife to the fight, we bring a gun." - Barack Obama)
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