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Who is the largest creditor of the US Govt?

October 10, 2010

Japan?

No.

China?

Nope

The US Govt will be the largest holder of treasury securities (if they implement another round of Quantitative easing)

The Fed has purchased roughly 800B US debt. China and Japan own about 850B.

The call is for the FED to buy another 1 TRILLION in US debt.

SO, the US govt lends to the US govt.

The Govt also owns or guarantees over 90% of all the mortgages outstanding

“I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets”

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One Comment leave one →
  1. Ktown Posse Pal permalink
    October 12, 2010 9:52 pm

    Quantitative Easing — sounds like some emo band name.

    Thanks for the continuing education.

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