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ggbaird



Posts : 1925
Join date : 2013-02-27

PostSubject: US Debt   April 16th 2015, 6:16 pm

Japan now holds more U.S. debt than China

Quote :
Move over, Beijing. Japan now owns more U.S. government debt than any other country, ending China's six-year run as the top foreign holder of U.S. Treasuries.

Data from the Treasury Department released Wednesday show that Japan owned $1.2244 trillion worth of U.S. government securities at the end of February, compared to $1.2237 trillion for China.

Both countries unloaded U.S. debt during the month of January, but China sold more, making Japan the top U.S. creditor for the first time since the financial crisis.

The Treasury data should be taken with a grain of salt: Transactions carried out by other nations on behalf of China and Japan aren't included, making the final tally more of an educated guess.

But the Japan-China switch is backed by larger trends, and changes in the way Beijing manages its foreign reserves. Treasury data show that over the past year, China's U.S. debt holdings dropped by $49.2 billion, while Japan's increased by $13.6 billion.

China had been buying Treasuries as a way to keep its currency, the yuan, pegged to the U.S. dollar. That helped lower the value of the yuan and made China's exports more competitive in foreign markets.

But in recent years, partly due to U.S. pressure and partly as an effort to curb its own inflation, China has allowed the yuan to rise in value.
Closer to home, there's another major buyer of U.S. debt: the Federal Reserve. At last count the central bank owned around $2.5 trillion worth of Treasuries, up from around $800 billion at the end of 2007.

CNN Money
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theshyguy



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Join date : 2013-04-24

PostSubject: Re: US Debt   April 16th 2015, 10:40 pm

Smoke and mirrors. China buys debt through 3rd parties and the Fed Reserve is fake debt as far as I am concerned. The Treasury buys the debt with nothing.
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joemac

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Join date : 2013-04-17
Location : Texas

PostSubject: Re: US Debt   April 17th 2015, 9:51 am

Would love to find a trend chart for entities buying Treasuries. I still have a hunch that says the Fed $2.5 trillion is likely the only entity buying any treasuries. And most of it since '08.

Speculating there's no one buying our debt in sustainable quantities now except ourselves.

And with the made up balance sheet, the Fed can buy endless treasuries.

There are reasons they don't want real accounting of Fort Knox, Fed gold reserves of foreign holdings, no external Fed audits, no audits of the Pentagon. It's all a shame, lie, steal and cheat. Trillions upon trillions.

The lies aren't sustainable forever. They're compounding lies are hard to keep straight. Just ask Hillary.

It's only time till something occurs. The further and wider the dig, the harder it is to keep the shill alive. It's only time, now what's society going to be like when everything they've ever understood and perceived is a lie. Most will continue refuse to believe it's true, even with evidence in front of them.
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