US debt

Interesting treasury statistics on the increase of foreign ownership of US securities in 2008

The entire world is financing America's debt.  Almost every country increased its holdings last year.  WHY? 

Trying to delay the inevitable? 

I suppose that's the money we gave to the bankers. 

Imagine the Chinese or Japanese stop buying US treasuries or even worse, start SELLING.

Can't wait to see the NEW stats for THIS year.

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