I have completely given up trying to understand our financial system.
Everything I thought I knew about finance is useless.
Massive money printing, massive debt, massive fiscal deficits, and interest rates have barely moved.
Didn't the Chicom s get out of or stop buying our short term debt? Theres a reason economics is called the dismal science.
The Chinese total holdings have drifted up about 10% over the last year to $1.31 trillion.
I don’t have a chart for their holdings by duration.
Total foreign holdings are $5.71 trillion.
I believe total US Treasury public debt is just over $17 trillion, which is more than our annual GDP.