That’s easy. China has a nice chunk of it so now is the time for some middle eastern country to buy up the rest. Then they both demand payment and poof! no more home of the free.
It is time to end this and those responsible to be punished,same with the SS fund anyone alive who touched it needs their hand chopped off.
The fed...through JP morgan so they get their cut
The answer is The Fed, as long as necessary. Since they are just printing the money for annual increases in the debt of about $1,000,000,000,000 that look like they will go on forever I conclude that very high inflation rates lie in our future.
The answer is The Fed, as long as necessary. Since they are just printing the money for annual increases in the debt of about $1,000,000,000,000 that look like they will go on forever I conclude that very high inflation rates lie in our future.
Then having to deal with excess taxes.. far beyond the deficit..
Then the problem is what taxes to cut and how much... not how to spend the excess..
Probably won't happen until after 2012..
Which makes the primarys.. not only the republican primarys.. but the democrat ones as well..
In democrat "zones".. the primarys will be important also..
Remember; Lisa Moocowski(r-Ak) was elected BY DEMOCRATS not republicans..
A fact not missed by democrat tacticians..
Given present demographic and economic realities, sweatshops in Africa are the only feasible solution to the historical situation that does not include a substantial democide, or mass kill-off.
Capitalism or death, those are the options.
Easy Answer- WE THE PEOPLE, our Public Masters in Congress have long had a plan to SEIZE ALL RETIREMENT ACCOUNTS, IRA,401K,.... and force that money into Treasuries. It will be brought up again real soon, and with the burgeoning economic crisis, it just might pass. We Are All SO SCREWED. Buy Farmland, learn to live off the land, and Never Ever Sell ANYTHING to a Government Employee.
The answer is,
A LOT OF PEOPLE & INSTITUTIONS.
If it weren’t so, INTEREST RATES on US Treasury securities would be THROUGH THE ROOF,
instead of LOW SINGLE DIGITS!!
So, Cut out the DRAMATICS until interest rates RISE!!!
sfl
———Japan is the second largest foreign holder of U.S. government debt-——
What does Japan need with nearly a trillion of US Government bonds? What is so important that they chose to invest in the safest available security on the planet?
Me thinks Japan actually has a lock box and that carefully guarded and tended lock box contains their pension funds. There is social security in Japan and they have the US treasuries to fund it.
More amazing, the cost of rebuilding I have seen will not dent this total. They will still have plenty left over after rebuilding.