Investing in Precious Metals 101 Ad

No way for the world to finance our debt?

Login or register to post comments Last Post 9077 reads   6 posts
  • Thu, Dec 04, 2008 - 05:43pm

    #1

    Lemonyellowschwin

    Status Silver Member (Offline)

    Joined: Apr 22 2008

    Posts: 212

    count placeholder

    No way for the world to finance our debt?

I’ve been interested in some of Chris’s recent observations that there is not enough savings in the world to finance our debt.  Chris pointed out yesterday that the US will have a need next year to sell between $2 and $3.8 trillion in government debt instruments.  (See "The beginnning of the end" posted by Chris 12/3/08).

In today’s daily digest, there was a post stating that the total amount of all outstanding US treasury securities owned by foreign holders is approximately $2.86 trillion.  See http://www.treas.gov/tic/mfh.txt. I assume this is the total sum accumulated by the rest of the world over the course of years.  Correct?

Am I also correct in interpreting this to mean that the US would have to sell, in a single year, an amount equal to all treasuries currently outstanding in foreign hands?

  • Thu, Dec 04, 2008 - 05:51pm

    #2

    mainecooncat

    Status Silver Member (Offline)

    Joined: Sep 08 2008

    Posts: 155

    count placeholder

    Re: No way for the world to finance our debt?

Just to quickly add something here, as I don’t have much time. There’s also the mortgage debt, which I thought from Kevin Phillips last book, China was in the 2-3 trillion range, Russia in the just under a trillion range.

  • Tue, Oct 11, 2011 - 07:07am

    #3
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Lemonyellowschwin

[quote=Lemonyellowschwin]

I’ve been interested in some of Chris’s recent observations that there is not enough savings in the world to finance our debt.  Chris pointed out yesterday that the US will have a need next year to sell between $2 and $3.8 trillion in government debt instruments.  (See "The beginnning of the end" posted by Chris 12/3/08).

In today’s daily digest, there was a post stating that the total amount of all outstanding US treasury securities owned by foreign holders is approximately $2.86 trillion.  See http://www.treas.gov/tic/mfh.txt. I assume this is the total sum accumulated by the rest of the world over the course of years.  Correct?

Am I also correct in interpreting this to mean that the US would have to sell, in a single year, an amount equal to all treasuries currently outstanding in foreign hands?

[/quote]

Such a very amazing link!

__________________


Watch The Big Year Movie Online Free

  • Tue, Dec 13, 2011 - 05:43am

    #4
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Online)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Its not only about the US

Its not only about the US but the other European contriles like spain and france are also facing this problem.They have failed to apply powerful and helpful economic strategies.

http://www.busonlineticket.com

  • Tue, Jan 03, 2012 - 09:36am

    #5
    stefani88

    stefani88

    Status Member (Offline)

    Joined: Jan 03 2012

    Posts: 1

    count placeholder

    Lemonyellowschwin

Lemonyellowschwin wrote:

I’ve been interested in some of Chris’s recent observations that there is not enough savings in the world to finance our debt.  Chris pointed out yesterday that the US will have a need next year to sell between $2 and $3.8 trillion in government debt instruments.  (See “The beginnning of the end” posted by Chris 12/3/08).

In today’s daily digest, there was a post stating that the total amount of all outstanding US treasury securities owned by foreign holders is approximately $2.86 trillion.  See http://www.treas.gov/tic/mfh.txt. I assume this is the total sum accumulated by the rest of the world over the course of years.  Correct?

Am I also correct in interpreting this to mean that the US would have to sell, in a single year, an amount equal to all treasuries currently outstanding in foreign hands?

Such a very amazing link!

__________________


Watch The Devil Inside Online Free

  • Tue, Jul 05, 2016 - 11:43am

    #6

    edward charette

    Status Member (Offline)

    Joined: Jul 05 2016

    Posts: 5

    count placeholder

    Same old story

It is the same old story. Check out for this interesting study on US'  debt.

http://money.cnn.com/2016/05/10/news/economy/us-debt-ownership/

The debate as to who really holds all of US' debt.

Viewing 6 posts - 1 through 6 (of 6 total)

Login or Register to post comments