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To: tcrlaf

Belgium has been in the news recently in reference to its increasing amount of US debt purchases.


10 posted on 04/20/2014 9:08:08 AM PDT by Errant
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To: Errant

Belgium is now with 310 billion dollars, the third largest holder of US debt. (Source: TIC, Zero Hedge)

Belgium had as a Savior to step in and bought alone in the December U.S. promissory note in the amount of 57 billion dollars. Also in January bought the small country of U.S. bonds for 53 billion dollars and is now with 310 billion dollars the third-largest holder of U.S. government debt. Only China and Japan hold even more bonds (the Fed excluded). For comparison: Belgium generated in the last year and a GDP of just over $ 500 billion.

According to rumors, the sale of U.S. government bonds in March only on the right to drive on. Unknown foreign investors, attracted bonds for about $ 100 billion, as Zero Hedge reported. This is the the largest sale of US bonds in the story. Whether Russia or China behind the action, we can only speculate. The US Treasury Department published the data only with a three-month delay. But it would not be surprised if the balance of Belgium also in the following month, will continue to grow.

http://defence.pk/threads/largest-sale-of-u-s-government-bonds-in-history.305453/

11 posted on 04/20/2014 9:12:29 AM PDT by Errant
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