- #71
phcatlantis
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edward said:At some point you need to evaluate the taxpayers capacity to pay for all of this. We are selling Treasury Bills to China just to pay for Iraq. We have to look at the overall picture here,we are already greatly overextended financially. Tunnel vision only works in tunnels.
Tell us, Edward. China holds how much in US securities? What's their take of the total foreign holding? What is the current trend in foreign holdings in US debt instruments?