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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (112682)9/12/2011 1:53:35 AM
From: Jorj X Mckie3 Recommendations  Read Replies (1) of 224748
 
The assets are there. The Treasury bonds are the assets.

to whom are the bonds an asset and to whom are they a liability

In other words, bonds are debt. And we know who the creditor is on the bonds, who do you think is the debtor on those bonds?
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