|
PureBytes Links
Trading Reference Links
|
funny, no one ever says whom
this debt is owed to?
Kohath
It's is owed to 'you', through pension funds for your retirement,
insurance companies to pay out on life insurance, zeroes held to pay for
college, Treasury Bills held by corporations in which you hold stock.
Thru direct and indirect means, the American people are the main holders
of Treasury debt.
That is why I feel there is not enough attention paid to the relatively
small percentage of debt held abroad. This fraction (I think someone
here stated 13%, but I admit I don't have a figure handy) is the part
without the 'owing money to myself' effect.
Regards
DanG
|