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To: dennisw

More frightening than the Chinese owning just less than 10% of our debt is that the government pension system owns over 1/3rd. That is money that will have to be paid.... round and round we go.....


22 posted on 09/22/2013 7:14:26 PM PDT by volunbeer (We must embrace austerity or austerity will embrace us)
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To: volunbeer

You mean the Federal gov’t pension system? Please clarify.


23 posted on 09/22/2013 7:47:59 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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