US: Problems ahead

Vitaliy_Kiselev

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES

http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

As we can see few remaining supporters are UK, Japan and Carib offshores.

Miller indicated another potential source of uncertainty not too far in the future. She said the Treasury likely will notify Congress "around the end of the year or ... early next year" that it is within $100 billion of hitting the debt ceiling once again. As of Monday, it was $245 billion below the $15.194 trillion limit.

Via: http://www.reuters.com/article/2011/11/02/usa-debt-refunding-idUSN1E7A109P20111102

johnnym

Someday soon no-one will buy US debt. So only solution is let the FED print money. So the dollar collapses and we see the end of the world as we know it.

Let's hope enough people will have an idea how to create a better world after that.

Howdy, Stranger!

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