Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (3248)	12/11/2003 8:51:16 PM
From: Canuck Dave	Read Replies (1) \| Respond to of 110194

You think America's Puritan heritage will ever reassert itself? You know, hard work, self-sacrifice, honest dealings, religion? Or was it always an illusion? Did the Romans have such an ethic at one time? They both had slave based economies to go along with their Ethics. I remember my father telling me about some dealings he had with one of the oldest copper merchants in England and their adherence to principles of scrupulous honesty. That and a Coolie empire. CD

To: TobagoJack who wrote (3248)	12/11/2003 9:48:37 PM
From: mishedlo	Read Replies (4) \| Respond to of 110194

I believe it is safe to assume that US domestics hold most of the outstanding USD debt and much of the supposed USD assets. This is necessarily true for all large economies. Jay, I believe that foreigners hold 50% of all US treasuries now. Staggering if I am correct. Perhaps Russ has the correct numbers. Mish