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re: Breakdown of to whom the US owes its $22T debt
Posted on 2/13/19 at 9:34 am to Eli Goldfinger
Posted on 2/13/19 at 9:34 am to Eli Goldfinger
I'm gonna need a more thorough breakdown of that dark blue category.
2
Posted on 2/13/19 at 9:37 am to bamarep
It’s only 21.5 Billion dollars of debt. What breakdown is needed? Hell, Cali wasted 77B on a railway that will never be.
Or am I showing how dumb I am?
Or am I showing how dumb I am?
This post was edited on 2/13/19 at 9:38 am
Posted on 2/13/19 at 9:53 am to bamarep
quote:
I'm gonna need a more thorough breakdown of that dark blue category.
I would think most of that is to mutual funds of one sort or another.
Banks and and money market dealers hold a big portion, especially of newer issues.
And individuals. You could go down to the FRB and make a non-competitive bid for a new debt issue. Give them cash for at least $10,000 and you can get a TBill, Note or Bond.
Lots of commodities margin is made up of treasuries.
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