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by somenameforme
1017 days ago
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The US debt is $32.3 trillion, and skyrocketing. [1] Total debt held by foreign/international investors is $7.3 trillion, and declining (both in absolute $ as well as percent). [2] The largest single holder is the Federal Reserve. Other holders are disproportionately made up of domestic organizations (like pension or mutual funds) which will collapse when the USD collapses, essentially regardless of hedging efforts, so they have no motivation to consider risk of collapse in their evaluations. [1] - https://fred.stlouisfed.org/series/GFDEBTN [2] - https://fred.stlouisfed.org/series/HBFIGDQ188S |
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